2024-12-03

Added · Updated

Notice FHC-N125 Investment Activities

Notice FHC-N125 (Amendment) 2024 takes effect on 1 January 2025 and sets out requirements and principles governing the oversight of investment activities by Designated Financial Holding Companies with licensed insurer subsidiaries. These rules apply to the DFHC group, including investments by entities not regulated by the Monetary Authority of Singapore within the insurance group. The notice informs all Designated Financial Holding Companies (Licensed Insurer) and licensed insurers, excluding Captive Insurers, Marine Mutual Insurers, and SPRVs, of the amendments made to the investment activities framework.

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Notices

Last Revised Date: 03 December 2024

Notice FHC-N125 Investment Activities

Requirements and principles on investment activities of designated financial holding companies that has a subsidiary that is a licensed insurer incorporated, formed or established in Singapore (“DFHC (Licensed Insurer”)).

Credit Risk

Market Risk

Liquidity Risk

Investments

Corporate Governance

Applies to:

Financial Holding Company (Insurance)

View Notice

Notice FHC-N125 Investment Activities

(217.2 KB)

This Notice applies to all DFHCs (Licensed Insurer). It sets out the requirements and principles that govern a DFHC (Licensed Insurer)’s oversight of the investment activities within the DFHC (Licensed Insurer) group, including the investments of any entity that is not regulated by MAS within the insurance group.

03 December 2024

Notice FHC-N125 Investment Activities (217.2 KB)

Notice FHC-N125 (Amendment) 2024 (229.1 KB) takes effect on 1 Jan 2025.

01 July 2022

Notice FHC-N125 Investment Activities (252.2 KB) takes effect.

Notice FHC-N133 sets out the valuation and capital requirements for a Designated Financial Holding Company (Licensed Insurer) based on the enhanced valuation and capital framework (“RBC 2”) consolidation approach.

Requirements and principles that govern insurers' investment activities.

Informs all Designated Financial Holding Companies (Licensed Insurer) and licensed insurers (except for Captive Insurers, Marine Mutual Insurers and SPRVs) of amendments made to MAS Notice FHC-N125 on Investment Activities.

Sets out the requirements under the risk-based capital framework for all licensed insurers, including the way in which assets and liabilities are to be valued.

Guidelines for financial institutions on managing their market risk.

Guidelines for financial institutions on managing their credit risk.

Guidelines for financial institutions on managing their liquidity risk.

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