Transcription of MAS 610 Notes for Completion Return on Monthly Foreign ...
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MAS 610 Notes for Completion Return on Monthly Foreign ...
36 MAS 610 Appendix 2A Notes for Completion Return on Monthly Foreign exchange business transacted by Banks, Merchant Banks and Asian Currency Units All banks are required to submit to the MAS a Return on total Foreign exchange business and other derivatives transacted for the month. For banks and merchant banks operating Asian Currency Units (ACUs), two separate returns must be submitted, one for the Domestic Banking Unit (DBU) and another for the ACU. The returns should reach MAS no later than the 10th day after the last day of the reporting month. Please submit a nil Return if the institution does not engage in Foreign exchange transactions. Please note the following when completing the Return : (i) The reporting requirements are based on trade location. Reporting institutions are to report all transactions done in Singapore regardless of where the transactions are booked.
36 MAS 610 Appendix 2A Notes for Completion Return on Monthly Foreign Exchange Business Transacted by Banks, Merchant Banks and Asian Currency Units
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