ID 11/21 Consequential Amendments To Notices Arising From The Banking (Amendment) Act 2020
Informs insurers of the consequential amendments as well as other amendments to certain Notices arising from the Banking (Amendment) Act 2020.
Notices
Notice IA/PP-N03.1 Insurance Deposits
Specifies the insurance deposits that approved MAT insurers shall maintain with the Authority.
Issued pursuant to:
Applies to:
Approved MAT Insurer
View Notice
Notice IA/PP-N03.1 Insurance Deposits
(87.5 KB)
This notice applies to all approved marine, aviation and transit (MAT) insurers.
It sets out the form of insurance deposits and bank covenants that approved MAT insurers need to maintain with MAS.
Amendment Notes
- 28 June 2021
- MAS Notice IA/PP-N03.1 (Amendment) 2021 (91.8 KB) takes effect on 1 July 2021