Until MAS Rewrite
Monday, 21 October 2024
MAS have released their updated guidelines for regulatory reporting and outlined the final rules that will come into effect on Monday, 21 October 2024 in line with ASIC Rewrite.
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With similar to changes in other jurisdictions, MAS Rewrite aims to align their standards with the wider APAC region and to increase transparency. Continuing with global harmonisation, MAS has decided to adopt the ISO 20022 XML message format, and will follow in the footsteps of other jurisdictions by tackling this with a single-phase rollout.
MAS have released their updated guidelines for regulatory reporting and outlined the final rules that will come into effect on 21 October 2024.
Yes. There are a number of changes to field such as UTI, UPI, Collateral, FX Swap Link ID and Package Identifier, to name a few.