Regulatory Alerts1999-08-18
Added
Notice 208 Financial Reinsurance
The Monetary Authority of Singapore issued this notice to establish requirements for insurers regarding clarity and consistency in risk transfer, accounting treatment, reporting, and disclosure. It defines financial reinsurance and outlines the Authority's stance on its use, including the application of risk transfer rules and specific accounting treatments. The document supersedes the previous MAS Notice 208 dated 28 August 2004 to ensure regulatory alignment for insurers registered to carry on general business.
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