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MAS consults on proposed enhancements to disclosure requirements for sale of investment-linked policies

Singapore - July 30 2015 On 26 June 2015, the Monetary Authority of Singapore (the "MAS") issued a consultation paper and sought comments on proposed enhancements to...

Francis Mok, Sanjiv Kumar Rajan.


MAS issues public consultation on a review of insurance returns: proposed revisions to information requirements and presentation format

Singapore - November 27 2014 On 13 October 2014, the Monetary Authority of Singapore (the "MAS") issued a Consultation Paper on the review of insurance returns. The first set of...

Francis Mok, Jason Chan.


MAS announces that consumers may purchase life insurance products from insurance companies directly without incurring commissions from early 2015

Singapore - August 27 2014 On 5 March 2013, the Monetary Authority of Singapore (the "MAS") issued a consultation paper seeking feedback on the recommendations of the Financial...

Francis Mok, Sanjiv Kumar Rajan.


MAS conducts second consultation on review on Risk-Based Capital framework for insurers in Singapore

Singapore - April 25 2014 On 26 March 2014, the Monetary Authority of Singapore (the "MAS") issued a second consultation paper on the details of the proposed revisions to the...

Francis Mok, Sanjiv Kumar Rajan.


Insurance Act amended from 1 January 2014: changes to definition of “Singapore policy”

Singapore - January 28 2014 With effect from 1 January 2014, the definition of "Singapore policy" in the First Schedule to the Insurance Act has been amended for the following...

Francis Mok, Sanjiv Kumar Rajan.