Notice FAA-N16 Recommendations on Investment Products
Requirements for financial advisers and their representatives with respect to recommendations made on investment products.
Notices
Notice 302 Product Development and Pricing
Requirements for the development and pricing of life insurance products and investment-linked policy sub-funds.
Issued pursuant to:
This notice applies to all direct insurers licensed to carry on life business.
It sets out:
- Requirements on management oversight, controls and policies and procedures on pricing and product development.
- Prohibited payout features.
- Requirements on procedure for approval of new products.
- Guidelines for notifying MAS of new products launched.
Amendment Notes
- 19 Mar 2021
- MAS 302 (Amendment) 2021 (172.9 KB) takes effect on 22 Mar 2021
- 05 Mar 2020
- MAS 302 (Amendment) 2020 (743.1 KB) takes effect on 31 Mar 2020
- 29 Jun 2018
- MAS 302 (Amendment) 2018 (295.5 KB) takes effect on 2 Jul 2018.
- 30 Mar 2015
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MAS 302 (287.6 KB)[last revised on 30 Mar 2015]