ID 11/21 Consequential Amendments To Notices Arising From The Banking (Amendment) Act 2020
Informs insurers of the consequential amendments as well as other amendments to certain Notices arising from the Banking (Amendment) Act 2020.
Governs the lending of S$ by insurers (except captive insurers) to non-resident financial institutions, including requirements for submitting monthly returns.
Sets out MAS' limits and rules on insurers' lending of S$ to non-resident financial institutions, and the related reporting requirements.
Notice 109 (Amendment) 2021 (139.1 KB) takes effect from 1 Jul 2021.
Notice 109 (Amendment) 2018 (239.6 KB) takes effect from 8 Oct 2018.