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BRIEF-Singapore's MAS Says Credit Suisse Continues Operating Without Interruption In Singapore

Reuters SG

March 20 (Reuters) - Monetary Authority of Singapore [RIC:MOYTA.UL]:

* CREDIT SUISSE CONTINUES OPERATING WITHOUT INTERRUPTION IN SINGAPORE

* TAKEOVER IS NOT EXPECTED TO HAVE AN IMPACT ON THE STABILITY OF SINGAPORE’S BANKING SYSTEM

* CUSTOMERS OF CS WILL CONTINUE TO HAVE FULL ACCESS TO THEIR ACCOUNTS & CS’ CONTRACTS WITH COUNTERPARTIES REMAIN IN FORCE

* WILL CONTINUE TO CLOSELY MONITOR THE DOMESTIC FINANCIAL SYSTEM AND INTERNATIONAL DEVELOPMENTS

* MAS WILL REMAIN IN CLOSE CONTACT WITH FINMA, CS & UBS AS TAKEOVER IS EXECUTED

* CREDIT SUISSE CONTINUES OPERATING WITHOUT INTERRUPTION IN SINGAPORE Further company coverage: