Singapore legislation

Regulation 9

of Deposit Insurance and Policy Owners’ Protection Schemes (Deposit Insurance) Regulations 2011

Regulation 9

Size of DI Fund

Subregulation 1

The target fund size of the DI Fund is 0.3% of the aggregate of the insured deposit base of every DI Scheme member.

Subregulation 2

Without prejudice to any other factors that may be relevant in the determination of any variation to the premium rates, where the DI Fund achieves or exceeds the target fund size specified in paragraph (1), the Authority and the Agency may conduct a joint review of the premium rates.