Notice 816 Lending of Singapore Dollar to Non-Resident Financial Institutions
Governs the lending of SGD by finance companies to non-resident financial institutions, including requirements for submitting monthly returns.
This notice applies to all finance companies in Singapore. It sets out the requirements for finance companies when:
- Giving Singapore dollar credit facilities to non-resident financial institutions.
- Arranging Singapore dollar equity or bond issues for non-resident financial institutions.
It also sets out requirements for finance companies to submit monthly returns to MAS on their aggregate outstanding Singapore dollar lending to non-resident financial institutions.
Governs the lending of S$ by insurers (except captive insurers) to non-resident financial institutions, including requirements for submitting monthly returns.
Consultation on proposed (i) new Notice and Guidelines on Risk Fact Sheet for Contracts for Differences; (ii) amendments to Notice on Risk-Based Capital Adequacy Requirements; (iii) amendments to Notices relating to the lending of Singapore dollar to non-resident financial institutions; and (iv) new guidelines on statutory definition of common investors pertaining to insider trading.
- Consultation number:
- P018 - 2017
- Start date:
- 06 October 2017
- Closing date:
- 03 November 2017
- MAS response date:
- 01 October 2018
Outlines MAS’ policy review of MAS Notice 816 in May 2004.
Provides clarifications to some frequently asked questions on MAS Notice 757 and equivalent notices.
Outlines MAS' review of MAS Notice 757 in December 2000.