Notice 307 Investment-Linked Policies
Requirements and standards in relation to disclosure, investment guidelines, borrowing limits and operational practices for investment-linked policies.
This notice applies to all direct life insurers who offer investment-linked policies.
It sets out:
- Mandatory requirements on notifications to MAS, valuation of units, audit of ILP sub-funds, disclosures and other operational practices.
- Non-mandatory standards on investment guidelines, borrowing limits, valuation errors and compensation, and other operational practices.
Amendment Notes
- 11 Dec 2012
- Notice 307 dated 11 Dec 2012 (679.1 KB) [Cancelled with effect from 8 Oct 2018]
- 23 Sep 2011
- Notice 307 dated 23 Sep 2011 (631.7 KB) [Cancelled with effect from 11 Dec 2012]
Related to this Notice
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NoticesLast Revised Date: 04 January 2019
Notice FAA-N16 Recommendations on Investment Products
Requirements for financial advisers and their representatives with respect to recommendations made on investment products.
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NoticesLast Revised Date: 29 June 2018
Notice 302 Product Development and Pricing
Requirements for the development and pricing of life insurance products and investment-linked policy sub-funds.
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CodesPublished Date: 01 January 2018
Code on Collective Investment Schemes
Sets out the best practices that managers and approved trustees of collective investment schemes offered to retail public are expected to observe on management, operation and marketing of the schemes.
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ConsultationsPublished Date: 26 June 2015
Consultation Paper on Proposed Enhancements to Disclosure Requirements for Sale of Investment-Linked Policies
- Consultation number:
- P006-2015
- Start date:
- 26 June 2015
- Closing date:
- 31 July 2015
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GuidelinesPublished Date: 01 March 2013
Guidelines on Risk Management Practices for Insurance Business - Core Activities
Guidelines on sound practices in carrying out insurance business and principles relating to risk management framework.