Notices
 Last Revised Date: 26 July 2011

Notice 113 Securities Borrowing and Lending Activities

Requirements for insurers to ensure that securities borrowing and lending activities are conducted in a prudent manner.

Issued pursuant to:

Insurance Act (Cap. 142) section 64(2)

Applies to: Direct Insurer (Life) , Direct Insurer (General) , Direct Insurer (Composite) , Reinsurer (Life) , Reinsurer (General) , Reinsurer (Composite) , Captive Insurer
View Notice Notice 113 Securities Borrowing and Lending Activities (34.8 KB)

This notice applies to all licensed insurers.

It requires insurers to have sound controls over securities borrowing and lending activities, and to keep complete records of such activities.

Amendment Notes

01 Aug 2005
Notice 113 dated 1 Aug 2005 (14.9 KB) [Cancelled with effect from 31 Aug 2011]