Fintech News Singapore

Singapore Passes Bill Giving MAS Powers to Set Loss Absorption Rules for D-SIBs

Singapore’s Parliament has passed a bill allowing the Monetary Authority of Singapore (MAS) to require banks deemed systemically important to hold additional resources that can absorb losses. The Financial Services and Markets (Amendment) Bill passed on 6 October 2026. In its second reading speech, MAS outlined plans to apply the Total Loss Absorbing Capacity (TLAC) [...] The post Singapore Passes Bill Giving MAS Powers to Set Loss Absorption Rules for D-SIBs appeared first on Fintech Singapore.

By Fintech News Singapore

1 min read
Singapore Passes Bill Giving MAS Powers to Set Loss Absorption Rules for D-SIBs
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