Regulatory Alerts2019-11-20
Added · Updated
Amendments to the Insurance (Approved Marine, Aviation and Transit Insurers) Regulations and Insurance (Approved Marine, Aviation and Transit Brokers and Approved Reinsurance Brokers) Regulations
The Monetary Authority of Singapore issued the Amendment Regulations to implement commitments made under the European-Singapore Free Trade Agreement. These regulations liberalize the cross-border supply of international marine, aviation, and goods in transit insurance and broking services. The Amendment Regulations came into operation on 21 November 2019.
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