Regulatory Alerts2019-05-30
Added
Review of MAS Notice 105 and Amendments to MAS Notice 122
The Monetary Authority of Singapore issued revised MAS Notice 105 and consequential amendments to MAS Notice 122 to update requirements for insurers regarding the appointment of custodians and fund managers. The revised Notice 105 takes effect on 1 January 2020 and applies to all existing and new custody arrangements. Insurers must submit custodian information for asset positions as at 31 December 2019 using the template under the revised Notice 122 by 31 March 2020.
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