REGULATORY ROUND UP – SINGAPORE RELEASES SYSTEMIC BANK LIST
April 22nd, 2015
THE MONETARY Authority of Singapore (MAS) has published a system for identifying and supervising domestic systemically important banks (D-SIBs) in Singapore. The authority has also released an inaugural list, including the DBS Bank; the Oversea-Chinese Banking Corporation; the United Overseas Bank; Citibank; the Malayan Banking Berhad; the Standard Chartered Bank; and the HSBC. These banks are deemed to have a significant impact on the stability of the financial system and broader economy, having been assessed by their size, interconnectedness, substitutability ...
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