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Top News In Hern Shin Today - Breaking & Trending Today

Four insurers deemed too big to fail in Singapore to face additional scrutiny by regulator - Vimarsana News

Four insurers deemed too big to fail in Singapore to face additional scrutiny by regulator

ANN/THE STRAITS TIMES – Four insurers have been named as “systemically important” to Singapore, in a new move that will subject them to higher regulatory standards and closer supervision, given that their collapse would significantly affect the country’s economy. They are AIA Singapore, Income Insurance, Prudential Assurance Company Singapore and Great Eastern Life Assurance Company. […]

4 insurers deemed too big to fail to face higher standards and scrutiny under new MAS rule - Vimarsana News

4 insurers deemed too big to fail to face higher standards and scrutiny under new MAS rule

They are AIA, Income, Prudential and Great Eastern Life. Read more at straitstimes.com.

Four companies designated domestic systemically important insurers: MAS - Vimarsana News

Four companies designated domestic systemically important insurers: MAS

The framework for domestic systemically important insurers will come into effect on Jan 1, 2024. 

Singapore's retail banks take steps to enhance cybersecurity - Vimarsana News

Singapore's retail banks take steps to enhance cybersecurity

The Association of Banks in Singapore (ABS) announced that major retail banks in Singapore have enhanced their security measures in a bid to combat an increasingly complex cyber-threat environment.

Singapore to label regulated stablecoins in transparency push - Vimarsana News

Singapore to label regulated stablecoins in transparency push

The issuers must meet criteria on value stability, minimum capital, and others.