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MAS Notice DIAN01 (Amendment) 2023 With effect from 31 December 2023Introduction 1 To enhance depositor protection, the Maximum Deposit Insurance (DI) Coverage will be increased from S$75,000 to S$100,000
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The consultation paper on proposed enhancements to form is a document issued by regulatory bodies to gather feedback on suggested improvements to existing forms, often related to compliance and reporting requirements.
Entities such as corporations, partnerships, and other organizations impacted by the regulatory requirements specified in the consultation paper are typically required to file.
To fill out the consultation paper, applicants should provide their responses to the proposed questions clearly and concisely, including any supporting documentation as required by the guidelines.
The purpose of the consultation paper is to solicit input from stakeholders regarding proposed changes that aim to improve clarity, efficiency, and effectiveness of the filing forms.
Respondents must report their views on the proposed enhancements, any anticipated impacts of the changes, as well as suggestions for further improvements.
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