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Proposed Enhancements to Singapore's Deposit Insurance and Policy Owners' Protection Schemes

Response to feedback received on MAS' recommendations to enhance the deposit insurance and insurance policy holder protections scheme in Singapore

Monetary Authority of Singapore report sets out responses to feedback received on MAS' consultations on proposed enhancements to the deposit insurance scheme and policy owners' protection scheme. Report covers: i) strengthening depositor protection; ii) policy owners protection (PPF) general scheme; iii) PPF life scheme; and iv) enhancing operational effectiveness of the deposit insurance scheme and PPF scheme. 

Publisher: National Regulators     Release date: May 2018     Country: Singapore

Type: Consultative, discussion and issues paper

Topics: Deposit insurance, Policyholder protection plans

Sectors: Banking

Policyholder Protection Plans

TC note discusses insurance policy protection plans and how to set them up

Toronto Centre note discusses factors that might affect a decision to establish an insurance policyholder protection plan (PPP) from perspectives of various stakeholders, along with steps that can be taken to deal with potential concerns. Addresses significant issues related to coverage, operations, and funding of a policyholder protection plan are identified, and key elements of an action plan to establish a PPP.

Publisher: Toronto Centre     Release date: Oct 2015    

Type: TC Notes

Topics: Consumer education and protection, Policyholder protection plans

Sectors: Insurance

Total: 2
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