Notice 123 Reporting of Suspicious Activities and Incidents of Fraud
Requirements for insurers to report suspicious activities and incidents of fraud.
This notice requires all licensed insurers to report to MAS suspicious activities and incidents of fraud which are material to the safety, soundness or reputation of the licensed insurer.
There are no amendment notes for this notice.
Guidelines on risk management practices to mitigate insurance fraud risk.
Requirements for direct life insurers to exercise due diligence and conduct their business with high ethical standards, to guard against money laundering and terrorism financing.
Guidelines for direct life insurers on the requirements in MAS Notice 314 on Prevention of Money Laundering and Countering the Financing of Terrorism, in relation to their life policies.
Guidelines for financial institutions on safeguarding the integrity of Singapore's financial system, including the filing of Suspicious Transaction Reports.