On 23/05/2013,
you requested for the version in force on 23/05/2013
incorporating all amendments published on or before 23/05/2013.
The closest version currently available is that of 14/02/2011.
FOURTH SCHEDULE
Requirements for Reports to be Submitted to Authority
1. A bank in Singapore shall submit, no later than the last day of the month immediately following the end of each quarter of a year, the following information in relation to that quarter:
(a)
balance sheet value, revenue numbers, and exposures of all businesses prescribed in regulation 23G(1) carried on by the bank;
(b)
utilisation of the regulatory limits prescribed in regulation 23G(3) and (4);
(c)
key internal risk metrics, in addition to the regulatory limits prescribed in regulation 23G(3) and (4); and
(d)
the business activities of every wholly-owned subsidiary of the bank excluded from the operation of section 32 of the Act under regulation 7A.
2. A bank in Singapore shall submit, no later than the last day of the month immediately following the end of each of its financial year, and at such other times as the bank considers necessary, the following information:
(a)
external audit reports on the businesses prescribed in regulation 23G(1) carried on by the bank and the risk management of such businesses; and
(b)
stress test results of such businesses.
3. A bank in Singapore shall submit, no later than the last day of the month immediately following the end of each quarter of a year, the following in relation to that quarter, where applicable:
(a)
for every new business prescribed in regulation 23G(1) carried on by the bank, an assessment of the impact of the new business on the risk profile of the bank, and key risk mitigation and contingency plans;
(b)
changes in the corporate governance structure and business activities of any of the wholly-owned subsidiaries of the bank excluded from the operation of section 32 of the Act under regulation 7A;
(c)
provision by the bank of any guarantee or letter of comfort to any of the wholly-owned subsidiaries of the bank excluded from the operation of section 32 of the Act under regulation 7A;
(d)
changes in the bank’s investment in, and exposure to, any of the wholly-owned subsidiaries of the bank excluded from the operation of section 32 of the Act under regulation 7A; and
(e)
any supervisory, legal, reputational or other significant matters relating to any of the wholly-owned subsidiaries of the bank excluded from the operation of section 32 of the Act under regulation 7A.
4. A bank in Singapore shall submit an internal audit report on every business prescribed in regulation 23G(1) carried on by the bank, and on the risk management of such business —
(a)
no later than the last day of the month immediately following the end of its first year carrying on such business; and
(b)
no later than the last day of the month immediately following the end of each quarter of every subsequent year, where such report has been prepared.