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This edition covers insights, pertinent insurance-specific legal issues and significant regulatory developments in Indonesia, Malaysia, Singapore, Taiwan, Thailand and Vietnam. Updates include:

  • Indonesia: Government of the Republic of Indonesia Issues Updated Draft Government Regulation on Information and Electronic Transactions

  • Malaysia: Policy Document: Outsourcing Arrangement for Financial Institutions

  • Singapore: Consultation of Singapore Model AI Governance Framework and Adoption of FEAT Principles

  • Thailand: Amendments to the Insurance Acts

  • Taiwan: Update on The Regulations Governing Foreign Investments

  • Vietnam simplifies certain Insurance Business Conditions for Insurance Companies and Agents

This newsletter also features two new insurance guides:

  • Asia Pacific Guide for Investing in Insurtech Start-ups 2019, which identifies deal-breakers in relation to investment criteria, corporate approvals, corporate governance, connected transactions and intellectual property.
  • Insurance Regulatory Landscape and Key Considerations for M&A Transactions 2019, which focuses on issues to consider when contemplating insurance M&A activities in Asia, such as regulatory approval, private equity participation and foreign ownership limitations.
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