MAS Consultation on Capital Market Infrastructure Recovery and Resolution Planning

The Monetary Authority of Singapore (MAS) is seeking feedback on proposed new notice and guidelines for recovery and resolution planning (RRP) for capital market infrastructures (CMFIs). This consultation paper also includes proposals to introduce statutory bail-in powers, which would enhance MAS's resolution toolkit for CMFIs. The proposed measures aim to strengthen the resilience and resolvability of critical financial market infrastructures.

CMFIs, and potentially other relevant financial institutions, should review the consultation paper and provide feedback by the deadline of April 24, 2026. The proposals, if enacted, will introduce new requirements for RRP and potentially alter the resolution framework for CMFIs, impacting their operational and financial planning. Compliance officers should assess the implications of these proposed changes on their organization's existing recovery and resolution strategies.