Revision to Nomination of Insurance Nominees Regulation

With the onset of the Mental Capacity Act (“MCA”) coming into effect on 1st March 2010, the Insurance (Nomination of Beneficiaries) Regulations 2009 (“the Regulations”) will be amended

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MAS proposes Deposit Insurance Scheme enhancement

To calm the panic spread that many banks might collapse, the MAS had issued an emergency guarantee blanket on all deposits here when the global financial crisis erupted

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