Singapore legislation

Regulation 9

of Financial Holding Companies (Corporate Governance of Designated Financial Holding Companies with Licensed Insurer Subsidiary) Regulations 2022

Regulation 9

Executive Committee

Where the Board of a Tier 1 DFHC (Licensed Insurer) has delegated any of its powers for the oversight of the DFHC (Licensed Insurer) to an executive committee or any other committee by whatever name described (called in this Part an Executive Committee), consisting of any directors that the Board thinks fit, regulation 6 applies to the DFHC (Licensed Insurer) in respect of the Executive Committee as if the Executive Committee were the Board.