Prudential requirements for NBDTs

Licensed NBDTs are required to comply with prudential requirements outlined in the Non-bank Deposit Takers Act 2013, the Deposit Takers (Credit Ratings, Capital Ratios, and Related Party Exposures) Regulations 2010 and the Deposit Takers (Liquidity Requirements) Regulations 2010.

The prudential requirements can be categorised into the following 6 areas:


Some licensed NBDTs may be exempted from particular prudential requirements. Under section 70 of the Act, the Reserve Bank can exempt a licensed NBDT, class of NBDTs, or trustee from compliance with any provision of the Act or regulations

For more information on exemptions, please refer to exemption policies and the exemption process.