Regulatory Alerts2021-03-19
Added
Amendments to MAS Notice 302 and MAS Notice 321
The Monetary Authority of Singapore issued Circular No. ID 06/21 to amend MAS Notice 302 and MAS Notice 321 regarding product development and direct purchase insurance. These amendments replace hardcopy submission requirements for new or revised products with electronic submissions via email, as previously outlined in Circular No. ID 10/19. The operational expectations for email document submissions established in the earlier circular continue to apply to all direct life and composite insurers.
Topics
Share