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

THIRD SCHEDULE

Regulation 6(1) and (2)

Premium Rates applicable to DI Scheme members

First column

Second column

Category of DI Scheme members

Premium rate

1.	A DI Scheme member which is —

0.025%

(a)	incorporated in Singapore; or

(b)	a foreign bank with an asset maintenance ratio of more than 5

2.	A DI Scheme member which is a foreign bank with an asset maintenance ratio of more than 2 but not more than 5

0.035%

3.	A DI Scheme member which is a foreign bank with an asset maintenance ratio of 2 or less

0.08%.

[S 873/2018 wef 31/12/2018]

Search within Legislation