Regulatory Alerts2017-04-19
Added
FAQs on Spreading and Capping of Commission Rules
The Monetary Authority of Singapore issued this circular to direct insurers to its newly published Frequently Asked Questions regarding the Spreading and Capping of Commission Rules. These FAQs provide guidance on the Financial Advisers and Insurance Remuneration Amendment Regulations 2017 which took effect on 1 April 2017. The document instructs chief executives to access the detailed guidance via the provided MAS website link and contact their liaison officer for further queries.
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