Regulatory Alerts2024-12-03
Added
Notice FHC-N125 Investment Activities
The Monetary Authority of Singapore issued Notice FHC-N125 to establish requirements and principles governing investment activities for Designated Financial Holding Companies with licensed insurance subsidiaries. The notice mandates oversight of investments across the group, including entities not regulated by the MAS, to manage credit, market, and liquidity risks. An amendment to this notice takes effect on 1 January 2025, updating the regulatory framework for these financial institutions.