Regulatory Alerts2024-12-26
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Issuance of Guidelines to MAS Notice 134 on Recovery and Resolution Planning and Response to Feedback on Consultation Paper
The Monetary Authority of Singapore issued the Guidelines to MAS Notice 134 on Recovery and Resolution Planning, which take effect on 1 January 2025 alongside the Notice itself. These guidelines provide further elaboration on the regulatory requirements for Designated Financial Holding Companies and Licensed Insurers. MAS also published its response to feedback received from the consultation paper released on 25 September 2024.
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