Notices
Last Revised Date: 16 May 2024

Notice FHC-N649 on Minimum Liquid Assets and Liquidity Coverage Ratio

Requirements for financial holding companies that have a subsidiary that is a bank incorporated in Singapore and are predominantly banking designated financial holding companies (predominantly banking DFHCs) on minimum liquid assets (MLA) and liquidity coverage ratio (LCR).
Issued pursuant to: Financial Holding Companies Act 2013 sections 34(1)  and 38(2)
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 the minimum liquid assets (MLA) requirements and liquidity coverage ratio (LCR) requirements that an FHC has to comply with.

Amendment Notes

01 July 2024
MAS Notice FHC-N649 (660 KB) dated 16 May 2024 and effective 1 July 2024.
MAS Notice FHC-N649 (Amendment) 2024 (666 KB) dated 16 May 2024 takes effect.
01 July 2022
MAS Notice FHC-N649 (617 KB) dated 29 June 2022 takes effect.

Resources

Form 1 (Assets and Liabilities by Currency and Top Depositors) and Form 2 (LCR, MLA, Cashflows and Available Unencumbered Liquid Assets)