Notices

Published Date: 08 April 2019

Notice FNA-N01 Criteria of Rules of a Designated System

This Notice sets out the criteria that the MAS will apply when considering an application to approve the Rules of a designated system under the Payment and Settlement Systems (Finality and Netting) Act.

Payment and Settlement Risk

Issued pursuant to: Payment and Settlement Systems (Finality and Netting) Act (Cap. 231) section 20A read with section 19A(3)(a)

Applies to: Designated Payment System Operator , Designated Payment System Settlement Institution

View Notice Notice FNA-N01 Criteria of Rules of a Designated System (249.5 KB)

30 June 2026: MAS Notice FNA-N01 (Amendment) 2026 dated 30 June 2026 (254.4 KB) takes effect from 1 July 2026.
8 April 2019: MAS Notice FNA-N01 2019 (359.8 KB) takes effect from 8 April 2019.