14. Disclosure by approved MAT insurer

No approved MAT insurer shall invite any person in Singapore to make an offer or a proposal to enter into a contract of insurance without disclosing to the person the following: (a)its approved status and that it is approved in respect of MAT insurance business; (b)that it is providing the insurance service from outside of Singapore and that it has no commercial or physical presence in Singapore; and (c)that it is subject to limited oversight by the Authority and is required to comply with approval requirements, and not registration requirements, under the Act.