Regulator Interview – Singapore: MAS embarks on review of key industry areas
Source: Asia Insurance Review | Jun 2012
This is a busy year for the Monetary Authority of Singapore (MAS) as it sets out to examine some regulatory areas of the industry, key of them being the existing RBC framework as well as the financial advisory sector. In this special interview, Ms Luz Foo, Executive Director of the Insurance Department, talks about the various reviews they are conducting, under-insurance in Singapore, the need to secure reinsurance contract certainty and MAS’ outlook for the industry.
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