Singapore, Japan establish cross-border collateral deal

To enhance financial stability in Singapore.

Under the agreement between the Bank of Japan and the Monetary Authority of Singapore, eligible financial institutions operating in Singapore may obtain Singapore Dollar liquidity from MAS by pledging Japanese government securities with MAS.

This widens the range of acceptable collateral in MAS’ liquidity facility, and permits greater flexibility in the liquidity management of eligible financial institutions, including Japanese banks, operating in Singapore.

This collaboration also reinforces the commitment by BOJ and MAS’ to support the economic and financial relationship between Japan and Singapore.

Details of the arrangement will be made public later when the necessary preparations are completed.

 

 

 

 


 

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Content on ABF
The text to display in the title bar of a visitor's web browser when they view this page. 
Lorem Ipsum
Contrary to popular belief, Lorem Ipsum is not simply random text.