2018-06-29

Added 2026-07-10

Amendments to MAS Notices 302, 318, 320, 322 and Guideline ID 01/17

The Monetary Authority of Singapore issued Circular No. ID 05/18 to update MAS Notices 302, 318, 320, 322, and Guideline ID 01/17 regarding life insurance disclosures. These amendments introduce new requirements for disclosing net investment returns, total expense ratios, and illustrated yields, while renaming 'benefit illustration' to 'policy illustration'. The updated regulations take effect on 2 July 2018 for all direct life and composite insurers.

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