Requirements for financial advisers and their representatives with respect to recommendations made on investment products.
Last Revised Date: 29 June 2018
Notice 318 Market Conduct Standards for Direct Life Insurer as a Product Provider
Requirements and standards for life insurers as product providers.
This notice applies to all direct life insurers as product providers of life policies.
It sets out:
- Mandatory requirements on disclosure, the sales process, replacement of life policies, loans and advances, cessation of business with financial advisers and reports to MAS.
- Non-mandatory standards on disclosure.