Regulatory Alerts2023-12-28
Added · Updated
Notice DIA-N01 Deposit Insurance Returns
Every DI Scheme member must submit information on its insured deposit base as at 31 December each year, and foreign-incorporated members must also submit the Deposit Insurance Asset Maintenance Ratio annually and quarterly. Submissions for the year or quarter ending 31 December 2023 are due by 15 February 2024. For the year ending 31 December 2023, the insured deposit base is calculated using amounts not exceeding $100,000, while quarterly submissions for 31 March and 30 June 2024 use a Maximum DI Coverage of $75,000 for the preceding year's base.
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