Regulatory Alerts2023-11-27
Added
Amendments to MAS Notice 322
The Monetary Authority of Singapore amended MAS Notice 322 to mandate the use of the compareFIRST Insurer Facilitator for web aggregator data submissions. This change takes effect on 27 November 2023, replacing the decommissioned MASNET Access file transfer service which ceased operations on 31 December 2023. Insurers are required to transition to the new platform to ensure continued compliance with regulatory reporting obligations.
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