Singapore’s financial regulator and several insurance industry associations have jointly established a steering committee, which seeks to “foster sound culture and strengthen standards of conduct” among members of the industry.
The Insurance Culture and Conduct Steering Committee (ICCSC) was formed by the Monetary Authority of Singapore (MAS), the General Insurance Association of Singapore (GIA), the Life Insurance Association (LIA) and the Singapore Reinsurers’ Association (SRA), according to a statement from the financial regulator.
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