Notices
Last Revised Date: 05 May 2020

Notice 118 Unsecured Credit Facilities to Individuals

Requirements for insurers when granting an unsecured non-card credit facility to an individual.

This notice applies to all direct insurers in Singapore. It sets out the requirements a direct insurer has to comply with when granting an unsecured non-card credit facility to an individual.

Amendment Notes

05 May 2020
Notice 118 (Amendment) 2020  (470.7 KB)takes effect from 6 May 2020.
30 May 2017
Notice 118 (Amendment) 2017 (211.7 KB) takes effect from 1 Jun 2017.
27 May 2015
Notice 118 (Amendment) 2015 (54.6 KB) takes effect from 1 Jun 2015.