Insurance Act amended from 18 April 2013: enhancing supervisory powers of the MAS *

Singapore - May 29 2013
The changes arising from the Insurance (Amendment) Act 2013 (the "Amendment Act") has largely come into force on 18 April 2013.

Co-authors: Corina Song, Francis Mok.

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New MAS Notice 124 on public disclosure requirements: insurers to comply for accounting periods or financial years on or after 1 January 2013 *

Singapore - April 25 2013
On 1 April 2013, the Monetary Authority of Singapore (the "MAS") issued a new MAS Notice 124 on an insurer's public disclosure requirements.

Co-authors: Corina Song, Francis Mok.

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Insurance (Corporate Governance) Regulations 2013 and revised MAS guidelines on corporate governance: new requirements for insurers *

Singapore - April 25 2013
The Insurance (Corporate Governance) Regulations 2013 (the "Regulations") have been gazetted on 3 April 2013 and are effective from 4 April 2013.

Co-authors: Corina Song, Francis Mok.

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New MAS Notice 125 on Investments of Insurers and MAS Notice 126 on Enterprise Risk Management for Insurers in force from 1 January 2014 *

Singapore - April 25 2013
On 2 April 2013, the Monetary Authortiy of Singapore (the "MAS") issued two new notices namely MAS Notice 125 on Investments of Insurers ("MAS Notice…

Co-authors: Corina Song, Francis Mok.

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MAS issues Guidelines on Use of Internal Models for Liability and Capital Requirements for Life Insurance Products Containing Investment Guarantees with Non-Linear Payouts *

Singapore - April 25 2013
On 1 April 2013, the Monetary Authority of Singapore ("MAS") issued the Guidelines on Use of Internal Models for Liability and Capital Requirements…

Co-authors: Corina Song, Francis Mok.

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