Notices
Notice TCA-N02 on Qualifying Assets and Reduction Percentages
Sets out the requirements to maintain qualifying assets for licensed trust companies incorporated outside Singapore.
Issued pursuant to:
Applies to:
Licensed Trust Company
This notice applies to licensed trust companies incorporated outside Singapore.
It sets out requirements on how such licensed trust companies shall maintain qualifying assets, and includes a table on qualifying assets and the applicable valuation methods.
Amendment Notes
There are no amendment notes for this notice.
Related to this Notice
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FAQsLast Revised Date: 17 January 2024
FAQs on Trust Companies Act and Trust Companies Regulations
Provides guidance on the regulatory scope of the Trust Companies Act, including licensing and reporting requirements for licensed trust companies, exempt trust companies and exempt persons providing trust services.
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RegulationsLast Revised Date: 14 August 2018
Trust Companies Regulations
Set out requirements for licensing, financial resources and conduct of business requirements for licensed trust companies.
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Forms and TemplatesPublished Date: 14 May 2009
Form 5 - Maintenance of Net Asset Value and Qualifying Assets under Regulation 12
Form for licensed trust companies to provide a breakdown of its net asset value or qualifying assets within 14 days from the grant of its licence and thereafter, within 5 months from the end of its financial year.