Informs authorised reinsurers that MAS will be adopting eGuarantee@Gov in relation to the bank covenants, and MAS Notice 135 (Bank Covenants in lieu of Deposits) has been issued to replace MAS Notice IA/PP-N02.1a (Bank Covenants in lieu of Deposits).

Requirements on a bank covenant that authorised reinsurers may lodge with MAS in lieu of a deposit.

'Requirements on a bank covenant that authorised reinsurers may lodge with MAS in lieu of a deposit.

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

Criteria to be met by a related corporation, which intends to enjoy the exemption granted under regulation 12(b) of the the Insurance (Authorised Reinsurers) Regulations.