ID 16/19 Submission of Outsourcing Register
Informs all insurers on the expectation to submit their outsourcing registers to MAS annually by 31 March of each year or upon MAS' request.
Informs insurers and Designated Financial Holding Companies (Licensed Insurer)s on amendments to the existing Guidelines on Outsourcing and renaming of the Guidelines as "Guidelines on Outsourcing (Financial Institutions other than Banks)".
Informs insurers on the exclusion of arrangements where the service is wholly provided by Singapore Government GovTech or its agents from the scope of the outsourcing.
Guidelines for financial institutions on risk management of outsourcing arrangements.