Notices
Last Revised Date: 16 May 2024

Notice FHC-N651 on Liquidity Coverage Ratio Disclosure

Requirements for specified predominantly banking designated financial holding companies (predominantly banking DFHCs) to disclose information about their liquidity coverage ratio (LCR), and information relating to their internal liquidity risk measurement and management framework.

Issued pursuant to:

Financial Holding Companies Act 2013 section 60(1)

This notice applies to all financial holding companies that –
(a) have a subsidiary that is a bank incorporated in Singapore;
(b) are predominantly banking DFHCs; and
(c) are internationally active designated financial holding companies or are entities within a group that is designated by the Authority as a domestic systemically important bank (D-SIB),
(referred to in this Notice as “FHCs”, or each, an “FHC”).

It sets out requirements for an FHC to disclose quantitative and qualitative information about its liquidity coverage ratio (LCR).

It also sets out requirements for an FHC to disclose information relating to its internal liquidity risk measurement and management framework, as well as information to enable market participants to better understand its liquidity risk management and positions.

Amendment Notes

01 July 2024
MAS Notice FHC-N651 (299 KB) dated 16 May 2024 and effective 1 July 2024.
MAS Notice FHC-N651 (Amendment) 2024 (306 KB) dated 16 May 2024 takes effect.
01 July 2022
MAS Notice FHC-N651 (273 KB) dated 29 June 2022 takes effect.