Regulatory Alerts2022-12-19
Added
Amendments to MAS Notice 133
The Monetary Authority of Singapore issued Circular No. ID 18/22 to update MAS Notice 133 regarding the valuation and capital framework for insurers. This revision reduces the illiquidity premium from 75 basis points to 65 basis points for life insurers meeting specific conditions. The change takes effect on 31 December 2022 as part of the regulator's regular calibration review.