Last Revised Date: 02 December 2021

Notice 832 Risk Based Capital Adequacy Requirements for Finance Companies Incorporated in Singapore

Risk-based capital adequacy requirements for reporting finance companies incorporated in Singapore.
Issued pursuant to:

Finance Companies Act (Cap. 108) section 7A(2) and section 30

Applies to: Finance Company

This notice applies to all reporting finance companies. It sets out:

  • The capital adequacy ratio and leverage ratio requirements for a reporting finance company and the methodology and process for calculating these ratios.
  • Requirements for the internal capital adequacy assessment process of a reporting finance company.
  • Public disclosure requirements for a reporting finance company in relation to its capital adequacy and risk exposures.