Governs the lending of SGD by merchant banks to non-resident financial institutions, including requirements for submitting monthly returns.
This notice applies to all merchant banks in Singapore. It sets out the requirements for banks when:
- Extending Singapore dollar credit facilities to non-resident financial institutions.
- Arranging Singapore dollar equity or bond issues for non-resident financial institutions.
It also sets out requirements for banks to submit monthly returns to MAS on their aggregate outstanding Singapore dollar lending to non-resident financial institutions.
See also: FAQ on MAS Notice 757 and Equivalent Notices (375.8 KB)