Regulatory Alerts2026-03-05
Added · Updated
Issuance of Guidelines on Transition Planning (Insurers)
The Monetary Authority of Singapore issued final Guidelines on Transition Planning for insurers to manage climate-related transition and physical risks. These Guidelines serve as an addendum to the 2020 Environmental Risk Management framework and establish detailed supervisory expectations for insurers. Insurers are required to implement a risk-proportionate transition planning process that accounts for their specific business models and local operational circumstances.