To: All Principal Officers
All Direct Life Insurers
Dear Sir/Madam
ASSET MANAGEMENT OF LIFE INSURANCE FUNDS
The Authority has issued MAS Notice 317, setting out the basic principles that shall govern the oversight of the asset management process of life insurance funds.
2 Insurers are to ensure conformity with these principles by 1 December 2001.
3 A copy of the MAS Notice 317 is attached. It can also be retrieved from the MAS website (http://www.mas.gov.sg).
4 Please contact Khoo Kay Hwee at telephone: 62299427 or e-mail:khkhoo@mas.gov.sg for any clarification.
Yours faithfully
(Sent via MASNET)
HAUW SOO HOON
EXECUTIVE DIRECTOR
INSURANCE DEPARTMENT
FINANCIAL SUPERVISION GROUP
