Risk-based capital adequacy requirements for reporting banks incorporated in Singapore.
Notice FHC-N637 on Risk Based Capital Adequacy Requirements
This notice applies to all financial holding companies that have a subsidiary that is a bank incorporated in Singapore and are predominantly banking DFHCs (referred to in this Notice as an "FHC"). It sets out how Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore is to apply to such FHCs, covering:
- Capital adequacy ratio and leverage ratio requirements for an FHC, and the methodology and process for calculating these ratios;
- Requirements for the internal capital adequacy assessment process of an FHC; and
- Public disclosure requirements for an FHC in relation to its capital adequacy and risk exposures.