Singapore central bank to adjust banks' capital requirements

Singapore central bank to adjust banks' capital requirements

Channel NewsAsia - Business·2020-04-07 12:59

Singapore has now ordered the closure of all businesses deemed non-essential. (File photo: AFP/Roslan Rahman)

SINGAPORE: Singapore's central bank will adjust selected regulatory requirements and supervisory programs to enable financial institutions to focus on tackling issues stemming from the COVID-19 pandemic, it said on Tuesday (Apr 7).

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