Regulatory Alerts2023-11-30
Added
Notice 122 Asset & Liability Exposures for Insurers
The Monetary Authority of Singapore issued Notice 122 to require all licensed insurers, excluding specific exempt categories, to submit detailed asset and liability returns. The regulation establishes the requirements, reporting forms, and submission timeframes for disclosing financial data to the regulator. Recent amendments effective from January 2024 update these obligations to ensure accurate data reporting under the risk-based capital framework.
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