Singapore PCC framework could lower barriers to captive ownership 

• Permission to convert cells into standalone companies 
• Proposed legislation would bring Singapore in line with Labuan 
• Flexible framework supports captives and ILS 

Singapore’s proposed protected cell company (PCC) framework could lower the barriers to entry for captive insurance, making captive ownership a viable option for organisations that may have previously found a standalone captive out of reach. 

Last month, the Monetary Authority of Singapore (MAS) launched a consultation on its legislative framework for PCCs.