Notices
 Last Revised Date: 28 June 2021

Notice 307 Investment-Linked Policies

Requirements and standards in relation to disclosure, investment guidelines, borrowing limits and operational practices for investment-linked policies. 

Issued pursuant to:

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

Applies to: Direct Insurer (Life) , Direct Insurer (Composite)
View Notice Notice 307 Investment-Linked Policies (853.9 KB)

This notice applies to all direct life and composite insurers who offer participating policies.

It sets out:
• mandatory requirements on notifications to MAS, valuation of units,  audit of ILP sub-funds, disclosures, and other operational practices; and
• non-mandatory standards on investment guidelines, borrowing limits, valuation errors and compensation, and other operational practices.

Amendment Notes

28 Jun 2021
MAS Notice 307 (Amendment) 2021 (857.9 KB) takes effect on 1 Jul 2021.

23 Sep 2011
MAS Notice 307 dated 23 September 2011 (631.7 KB) takes effect on 1 October 2011.