MAS Consults on Treatment of Cryptoasset Exposures for Banks

The Monetary Authority of Singapore issues a consultation paper on the treatment of cryptoasset exposures and requirements for additional Tier 1 and Tier 2 capital instruments for banks, according to a statement on its website.

• Seeking feedback on proposed amendments to standards relating to:
  • Regulatory framework for capital and large exposures for Singapore-incorporated banks
  • Regulatory framework for liquidity for banks in Singapore
• Proposed amendments are aimed at implementing the standards relating to the prudential treatment and disclosure of cryptoasset exposures, published by the Basel Committee on Banking Supervision

To view the source of this information, click here

To contact the ...