Regulatory Alerts2023-12-07
Added · Updated
Amendments to MAS Notice FHC-N129 on Returns
The Monetary Authority of Singapore issued Circular No. ID 16/23 to amend MAS Notice FHC-N129 on Returns. These revisions update reporting requirements for Designated Financial Holding Companies (Licensed Insurer)s and Licensed Insurers to align with the valuation and capital framework established in MAS Notice FHC-N133. The amended notice takes effect on 1 January 2024.
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