Regulatory Alerts2019-05-30
Added · Updated
Notice on Asset & Liability Exposures for Insurers
Licensed insurers must electronically lodge quarterly and annual statements detailing specific asset and liability breakdowns, including equity and debt securities, loans, cash, derivatives, currency exposure, and insurance fund exposures. Quarterly submissions covering tables 1 through 6 are due within two months of the reporting quarter's end, while annual submissions covering tables 1a, 7, 8a, 8b, and 9 are due within three months of the reporting accounting period's end. This notice applies to all licensed insurers except captive insurers, foreign insurers under a foreign insurer scheme, and marine mutual insurers. The requirements take effect on 1 January 2024.
More like this from MAS
We email you every new MAS publication the day it's published.