Issuance of Guidelines to MAS Notice 134 on Recovery and Resolution Planning (“Guidelines To MAS Notice 134”) and Response to Feedback on Consultation Paper.

Guidelines for notified insurers and notified DFHC (Licensed Insurer)s on recovery and resolution planning requirements under MAS Notice 134.

This consultation paper sets out MAS' proposals on the new guidelines for recovery and resolution planning.

Consultation number:: P009-2024
Closing date:: 25 October 2024
MAS response date:: 26 December 2024

Informs insurers on the issuance of the Response to Feedback on Consultation Paper and Consultation on Proposed Amendments to Financial Services and Markets (Resolution of Financial Institutions) Regulations 2024.

This consultation paper sets out MAS' proposed amendments to the Financial Services and Markets (Resolution of Financial Institutions) Regulations 2024.

Consultation number:: P008 - 2024
Closing date:: 11 October 2024
MAS response date:: 12 December 2024

Notices

Last Revised Date: 27 June 2024

Notice 134 Recovery and Resolution Planning

Sets out the requirements on recovery and resolution planning for notified insurers and notified designated financial holding companies that has a subsidiary that is a licensed insurer incorporated, formed or established in Singapore (“DFHC (Licensed Insurer”)).

Informs insurers on the issuance of the Notice for Recovery and Resolution Planning for Insurers ("MAS Notice 134") and Response to Feedback on Consultation Paper.

Informs insurers on the release of the consultation paper on new notice for recovery and resolution planning for insurers and proposed enhancement of resolution powers for the insurance sector.

Quick Links

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Consultation Paper on New Notice for Recovery and Resolution Planning for Insurers and Proposed Enhancement of Resolution Powers for the Insurance Sector

Response

Consultation Paper