MAS looking to cap insurers' migration package offers
Singapore
RULES guiding the movement of insurance agents initiated by Singapore's regulator to safeguard consumers' interests have been proposed and work is in progress between the parties to hammer out a definitive guide.
The Business Times (BT) understands that the life insurers have provided their feedback to the Monetary Authority of Singapore (MAS) on the proposed parameters.
TRENDING NOW
Malaysian king buys stake in Singapore-listed mining firm expanding into rare earths
Family offices ‘kept captive’ by relationship managers turn to independent advisers, direct deals
Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing
Could stablecoins be the future of money?