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.
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.