ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Economic News v
Singapore unveils new rules to strengthen banking system

Singapore unveils new rules to strengthen banking system

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Lancelot Offline
Member
***
Posts: 55
Threads: 8
Joined: Mar 2014
Reputation: 0
#1
24-06-2014, 09:07 PM
The Monetary Authority of Singapore announces new liquidity requirements as part of measures to make local banking system more resilient. Foreign banks with significant retail presence in Singapore will have to incorporate locally.

http://www.channelnewsasia.com/news/busi...um=twitter
Find
Reply
specuvestor Offline
Posting Freak
*****
Posts: 3,727
Threads: 6
Joined: Oct 2012
Reputation: 95
#2
25-06-2014, 11:17 AM
As posted in another thread, onshore and offshore are very different. It is a good move to force foreign banks to have sufficient liquidity onshore, and be regulated by our companies act onshore.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
Find
Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)