Proposed Amendments to MAS Notice 637
14 Sep 2011
Proposed Amendments to MAS Notice 637 on Risk Based Capital Adequacy Requirements for Banks Incorporated in Singapore
Source: Monetary Authority of Singapore
Deadline: 14 September 2011
This consultation paper details amendments to MAS Notice 637, incorporating the Basel Committee on Banking Supervision (BCBS)’s ‘Pillar 3 Disclosure Requirements on Remuneration’, which were issued on 1 July 2011.
The amendments require Singapore-incorporated banks to disclose qualitative and quantitative information about their remuneration practices and policies, covering a range of areas.
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