Regulatory and Supervisory Framework
The Monetary Authority of Singapore (MAS) is governed by the MAS Act, which confers MAS powers to issue legal instruments for the regulation and supervision of financial institutions. In addition, MAS also has frameworks and guidelines in place on topics which cut across various classes of financial institutions.
The guidelines on risk management aim to provide financial institutions supervised by MAS with guidance on sound risk management practices.
Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT)
Singapore safeguards against the abuse of its financial system for the purposes of money laundering and terrorist financing through its AML/CFT regulatory regime.
MAS' Monographs are detailed discussions of specialised subjects such as financial sector regulation and monetary policy operations in Singapore's context.