Regulatory Alerts2020-12-30
Added
Notice 119 Electronic Submission of Returns
The Monetary Authority of Singapore issued Notice 119 to mandate licensed insurers and the Lloyd's Asia Scheme administrator to submit insurance returns via the MASNET facility. This requirement applied to all licensed insurers, excluding captive insurers, marine mutual insurers, and Special Purpose Reinsurance Vehicles. The notice was cancelled with effect from 30 December 2020, superseding the previous electronic submission mandate.
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