Regulation 1
Citation
Amended byS 809/2020 wef 01/10/2020
These Regulations may be cited as the Banking (Publication and Provision of Accounts) Regulations.
/akn/sg/act/sub_leg/1970/BA-RG2
Banking (Publication and Provision of Accounts) Regulations
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1970
- Sections
- 4
Quick answer
About this subsidiary legislation
Banking (Publication and Provision of Accounts) Regulations is Singapore Subsidiary Legislation, cited as Subsidiary Legislation BA-RG2 1970, currently marked in force and first recorded in 1970.
Regulation 2
Definition
In these Regulations, “individual” means a single natural person.
Regulation 3
Publication of accounts
Amended byS 809/2020 wef 01/10/2020
The annual balance sheet, profit and loss account and any other information that a bank is required to publish under section 25(2) and (4) of the Act must —
(a)
in the case of a bank that has accepted during the financial year to which those statements relate any interest-bearing deposit of less than $250,000 in Singapore dollars from any individual resident in Singapore (excluding a director or an employee of the bank), be published —
(i)
in at least 4 local daily newspapers, one in each of the following languages:
(A)
Malay;
(B)
Chinese;
(C)
Tamil;
(D)
English; or
(ii)
on the bank’s Internet website, in the 4 languages mentioned in sub-paragraph (i); and
(b)
in the case of any other bank, be published —
(i)
in at least one local English daily newspaper; or
(ii)
on the bank’s Internet website, in at least the English language.
Regulation 4
Provision of accounts
Amended byS 809/2020 wef 01/10/2020
Every bank must make available, within a reasonable time, to any person upon the person’s request —
(a)
a copy of any statement mentioned in section 25(1)(a) of the Act; and
(b)
a document containing —
(i)
the full and correct names of all persons who are directors for the time being of the bank; and
(ii)
the names of all subsidiary companies for the time being of the bank.
Common questions
- What is Banking (Publication and Provision of Accounts) Regulations?
- Banking (Publication and Provision of Accounts) Regulations is Singapore Subsidiary Legislation, cited as Subsidiary Legislation BA-RG2 1970, currently marked in force and first recorded in 1970.
- Is Banking (Publication and Provision of Accounts) Regulations still in force?
- Yes — Banking (Publication and Provision of Accounts) Regulations is currently in force.
- When did Banking (Publication and Provision of Accounts) Regulations take effect?
- Banking (Publication and Provision of Accounts) Regulations was first recorded in 1970.
- How many regulations does Banking (Publication and Provision of Accounts) Regulations have?
- Banking (Publication and Provision of Accounts) Regulations contains 4 regulations.
- Where can I read the official version of Banking (Publication and Provision of Accounts) Regulations?
- The official text of Banking (Publication and Provision of Accounts) Regulations is published at sso.agc.gov.sg.