MAS Invites Feedback On Proposed Changes

Source : Weekend TODAY, October 27, 2007

The Monetary Authority of Singapore (MAS) is inviting feedback for a consultation paper on proposed changes to the liquidity risk supervision framework.

These include a revised set of “qualifying liabilities” to replace “liabilities base”, an expanded range of eligible liquid assets to afford banks greater flexibility in managing their liquid assets portfolio, and a revised computation formula and maintenance period.

Feedback on the draft notices, which are available on www.mas.gov.sg, must be sent to the MAS by Nov 26.