Banking Act
(Chapter 19, Sections 25 and 78)
Banking (Publication and Provision of Accounts) Regulations
Rg 2
G.N. No. S 407/1993

(29th February 2004)
[15th October 1993]
1.  These Regulations may be cited as the Banking (Publication and Provision of Accounts) Regulations.
[S 809/2020 wef 01/10/2020]
2.  In these Regulations, “individual” means a single natural person.
Publication of accounts
3.  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:
(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.
[S 809/2020 wef 01/10/2020]
Provision of accounts
4.  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.
[S 809/2020 wef 01/10/2020]
[G. N. No. S 407/93]