Circulars
ID 18/21 Issuance of Revisions to the CG Guidelines
Informs locally incorporated insurers on the issuance of the revisions to the Guidelines on corporate governance for designated financial holding companies, banks, direct insurers, reinsurers, and captive insurers which are incorporated in Singapore ("CG Guidelines"), and MAS’ response to the feedback received following the consultation on the CG Guidelines.
Related to this Item
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ConsultationsLast Revised Date: 09 November 2021
Consultation Paper on Revisions to the Guidelines on Corporate Governance
This consultation paper sets out MAS’ proposed revisions to the Guidelines on Corporate Governance for Designated Financial Holding Companies, Banks, Direct Insurers, Reinsurers and Captive Insurers which are incorporated in Singapore. MAS is proposing these revisions taking into account international standards and industry good practices.
- Consultation number:
- P004-2021
- Start date:
- 07 May 2021
- Closing date:
- 18 June 2021
- MAS response date:
- 09 November 2021
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GuidelinesLast Revised Date: 09 November 2021
Guidelines on Corporate Governance
Guidelines on corporate governance for financial institutions incorporated in Singapore.
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NoticesLast Revised Date: 24 September 2021
MAS 106 Appointment of Director, Chairman, Member of Nominating Committee, and Key Executive Person for Insurers
Requirements and guidelines for licensed insurers on the appointment of director, chairman and key executive person.
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GuidelinesLast Revised Date: 28 June 2021
Guidelines on Risk Management Practices – Board and Senior Management
Guidelines on the role that a financial institution's Board of Directors and senior management play in risk management.
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Subsidiary LegislationPublished Date: 19 December 2018
Insurance (Corporate Governance) Regulations 2013
Sets out the corporate governance requirements applicable to all direct insurers and reinsurers incorporated in Singapore (except marine mutual insurers)
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Subsidiary LegislationPublished Date: 05 September 2005
Banking (Corporate Governance) Regulations 2005
Corporate governance requirements for banks and financial holding companies, including the composition of the board of directors and board committees, and separation of roles for the Chairman of the Board and Chief Executive Officer.