OBS_VALUE: Only companies incorporated in Singapore can be registered as an insurance broker. Individuals appointed as broking staff by registered insurance brokers are not required to be registered or authorised by the MAS but must comply with the minimum standards and examination requirements for broking staff. Also, approved insurance brokers licensed under the law of a designated country (the USA, a member state of the European Union, country - signatory of the CPTPP) to carry on insurance broking activities in that country, may carry on insurance broking activities in Singapore without registration and without any physical presence in Singapore as: (i) approved marine, aviation and transit (MAT) insurance brokers, or (ii) approved reinsurance brokers in respect of general or life reinsurance.  Also, general insurance agents must register with the General Insurance Association of Singapore (GIA)’s Agents’ Registration Board (ARB) through the principal insurers they intend to represent. See also GIA’s website at https://gia.org.sg/agents.html 