SINGAPORE—Singapore on Tuesday unveiled tougher rules on minimum levels of liquid capital that banks must hold as part of global regulatory efforts to inoculate banks against sudden financial stress.
All three local banks—DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank—as well as foreign lenders with major presence in the city-state must prepare to meet a new requirement, known as the “liquidity…
Singapore Sets Tougher Banking-Liquidity Rules
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