Regulatory Alerts2011-07-26
Added
Notice 113 Securities Borrowing and Lending Activities
The Monetary Authority of Singapore issued Notice 113 to mandate prudent conduct of securities borrowing and lending activities by all licensed insurers. The regulation requires insurers to implement sound controls and maintain complete records of such transactions. This notice supersedes the previous version dated August 2005 which was cancelled effective August 31, 2011.
Notices
Last Revised Date: 26 July 2011
Notice 113 Securities Borrowing and Lending Activities
Requirements for insurers to ensure that securities borrowing and lending activities are conducted in a prudent manner.
View Notice
Notice 113 Securities Borrowing and Lending Activities
(34.8 KB)
This notice applies to all licensed insurers.
It requires insurers to have sound controls over securities borrowing and lending activities, and to keep complete records of such activities.
01 Aug 2005
Notice 113 dated 1 Aug 2005 (14.9 KB) [Cancelled with effect from 31 Aug 2011]
Clarifications on securities borrowing and lending transaction governed under MAS 113.
Sets out exemption in relation to securities lending arrangement.