MAS designates seven domestic systemically important banks

Monetary Authority of Singapore

The Monetary Authority of Singapore (MAS) today (April 30) named seven banks it considers systemically important to the country and proposed a regulatory framework for their supervision.

The list of domestic systemically important banks (D-Sibs) includes DBS Bank, Oversea-Chinese Banking Corporation, United Overseas Bank, Citibank, Malayan Banking Berhad, Standard Chartered and HSBC.

The banks will be required to locally incorporate their retail operations and will be subjected to higher capital

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: