Regulatory & Licensing Advisory
Navigating MAS and regional regulatory requirements with experienced practitioners.
Overview
MAS insurance and financial adviser licence applications, regulatory compliance advisory, licensing strategy and regulatory change management across Singapore and Asia.
How Alpha Can Help
Our team brings direct practitioner experience to every engagement. We work with clients from initial assessment through to implementation, providing practical advisory grounded in real-world understanding of regulatory & licensing advisory.
Whether you need an independent review, framework development, regulatory preparation or executive training, our senior consultants can support your requirements directly.
Service Areas
Frequently Asked Questions
What types of licences does MAS issue for insurance?
MAS issues licences for life insurance, general insurance and composite insurance business, as well as licences for Lloyd's Managing Agents operating in Singapore. Separate licensing frameworks apply to insurance intermediaries including insurance brokers, financial advisers and MAS-regulated fintech firms.
How long does a MAS insurance licence application take?
The timeline depends on the completeness of the application and the complexity of the proposed business model. Applicants should plan for a process of several months from submission to in-principle approval, with additional time required to fulfil pre-licensing conditions before the licence is granted.
What documentation is required for a MAS insurance licence application?
A MAS insurance licence application requires a detailed business plan, financial projections, fit and proper documentation for key individuals, governance and risk management frameworks, AML/CFT policies and regulatory capital projections among other materials. MAS has published detailed guidance on its requirements.
Discuss Your Regulatory Requirements
Our team would be pleased to understand your requirements and discuss how we can support your organisation.
Get in TouchNavigating a Complex Insurance, Risk or Regulatory Challenge?
Whether you are strengthening your risk framework, entering a new market, preparing for regulatory review or building a new insurance proposition, our team would be pleased to discuss how we can support you.