Regulatory Alerts2024-01-10
Added
Publication of Best Practice Paper by the Insurance Culture and Conduct Steering Committee (ICCSC)
The Monetary Authority of Singapore issued Circular No. ID 02/24 to announce the publication of a best practice paper by the industry-led Insurance Culture and Conduct Steering Committee. The paper outlines best practices for general insurance intermediaries to maintain integrity and professionalism, with recommendations also applicable to life insurance intermediaries. MAS encourages all direct insurers and insurance brokers to study the document and adopt the relevant best practices and recommendations as appropriate.
Topics
Share