Regulations will exclude investments, acquired or held, directly or indirectly, using any policy asset of the Participating Fund and the unitised portion of the Investment-linked Fund, from the major stake approval requirements in the Insurance Act.

This Compliance Toolkit is to guide and facilitate special purpose reinsurance vehicles’ compliance with the various MAS approval and reporting requirements and timelines.

This Compliance Toolkit is to guide and facilitate captive insurers’ compliance with the various MAS approval and reporting requirements and timelines.

This consultation paper sets out the proposed amendments to the Insurance Act 1966 and the Insurance (Intermediaries) Regulations, which take into account regulatory and market developments, as well as align where appropriate, the regulatory framework for insurance with that of other financial activities regulated by MAS.

Consultation number:

P012 - 2022

Start date:

04 November 2022

Closing date:

13 January 2023

This Compliance Toolkit is to guide and facilitate insurance brokers’ compliance with the various MAS approval and reporting requirements and timelines.