Publication of Compliance Toolkits for Direct Insurers and Reinsurers, Marine Mutual Insurers, Foreign Insurers under the Lloyd's Asia Scheme and Authorised Reinsurers

Circular No: ID 10/23 28 September 2023 To the Chief Executive Officers All Direct Insurers, Reinsurers, Lloyd’s Asia Scheme Administrator and Authorised Reinsurers Dear Sir/Madam PUBLICATION OF COMPLIANCE TOOLKITS The Monetary Authority of Singapore (MAS) has published compliance toolkits for the insurance sector on the MAS website today. The compliance toolkits consolidate in a single document the common approvals, notifications and other regulatory submissions relevant to the respective insurers. We hope that these toolkits will serve as a useful guide and facilitate your firm’s understanding of and compliance with MAS’ requirements. The compliance toolkits are available on the MAS’ website at: Direct Insurers and Reinsurers: https://www.mas.gov.sg/regulation/guidance/compliance-toolkit-for-direct-insurers-and-reinsurers Marine Mutual Insurers: https://www.mas.gov.sg/regulation/guidance/compliance-toolkit-for-approvals-notifications-and￾other-regulatory-submissions-to-mas-for-mmis Foreign Insurers under the Lloyd’s Asia Scheme: https://www.mas.gov.sg/regulation/guidance/compliance-toolkit-for-approvals-notifications-and￾other-regulatory-submissions-to-mas-for-lloyds Authorised Reinsurers: https:/www.mas.gov.sg/regulation/guidance/compliance-toolkit-for-approvals-notifications-and￾other-regulatory-submissions-to-mas-for-ar

2 Please contact your MAS officer-in-charge if you require any clarifications. Yours faithfully (Sent via MASNET) DANIEL WANG EXECUTIVE DIRECTOR INSURANCE DEPARTMENT