Regulatory Alerts2016-11-10
Added
Consultation on Review of MAS 105 on Insurers' Appointment of Custodians and Fund Managers
The Monetary Authority of Singapore issued a public consultation paper proposing enhancements to MAS 105 regarding the appointment of custodians and fund managers by insurers. The proposed changes aim to strengthen requirements for appointing custodians and sub-custodians while streamlining the information collection process for custodian arrangements. Insurers are requested to submit their comments on the consultation paper by 9 December 2016.
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