ID11/22 Amendments to Notices 124, 125 and 126
Informs insurers of the amendments to MAS Notice 124, 125 and 126, and MAS' response to feedback received on the public consultation on proposed revision to MAS Notice 124, 125 and 126.
Notices
Notice 124 Public Disclosure Requirements
Public disclosure requirements for licensed insurers.
Issued pursuant to:
This notice applies to all licensed insurers, except for captive insurers, marine mutual insurers, run-off insurers and SPRVs.
It sets out mandatory requirements and guidelines on insurers' public disclosure requirements.
Amendment Notes
- 30 Sep 2022
- MAS 124 (Amendment) 2022 (175.6 KB) takes effect.
- 19 Dec 2018
- Notice 124 (Amendment) 2018 (373.5 KB) takes effect.
- 22 Apr 2013
- Notice 124 (Amendment) 2013 (61.7 KB) takes effect.
- 01 Apr 2013
- Notice 124 dated 1 Apr 2013 (37.1 KB) [Cancelled with effect from 22 Apr 2013]
Related to this Notice
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NoticesLast Revised Date: 30 September 2022
Notice 126 Enterprise Risk Management (“ERM”) for Insurers
Enterprise risk management (ERM) requirements and guidelines for licensed insurers.
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ConsultationsPublished Date: 19 February 2021
Consultation Paper on Proposed Revisions to Enterprise Risk Management, Investment and Public Disclosure Requirements for Insurers
To respond to the feedback received on the consultation paper on MAS' proposed revisions to the MAS Notices 124,125 and 126.
- Consultation number:
- P002-2021
- Start date:
- 19 February 2021
- Closing date:
- 19 March 2021
- MAS response date:
- 30 September 2022
- Status:
- Responded
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Subsidiary LegislationLast Revised Date: 31 March 2020
Insurance (Valuation and Capital) Regulations 2004
Sets out the requirements under the risk-based capital framework for all licensed insurers, including the way in which assets and liabilities are to be valued.
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Subsidiary LegislationPublished Date: 19 December 2018
Insurance (Accounts and Statements) Regulations 2018
Applies to all licensed insurers, except for captive insurers, marine mutual insurers and Special Purpose Reinsurance Vehicles. It sets out the requirements for insurers to submit returns to MAS.
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ConsultationsPublished Date: 01 February 2013
Consultation on Proposed Public Disclosure Requirements for Insurers
This consultation paper sets out the proposed public disclosure requirements to complement the insurers’ existing disclosures in the published financial statements and MAS statutory returns.
- Consultation number:
- P003 - 2013
- Start date:
- 01 February 2013
- Closing date:
- 01 March 2013
- MAS response date:
- 01 April 2013
- Status:
- Responded