For deposit-taking institutions, including full banks, wholesale banks, merchant banks and finance companies.

For capital markets entities, including fund managers, REIT managers, corporate finance advisers, trustees, dealers, credit rating agencies and financial advisers. 

For insurance companies and insurance brokers, including licensed insurers, authorised reinsurers and registered insurance brokers.

For payment services, including clearing and settlement systems, holders of stored value facilities, money-changers and remittance businesses.

Find out about MAS' regime to combat financial crime. Financial institutions are required to have sufficiently robust controls for anti-money laundering and countering the financing of terrorism. 

Learn about MAS' approach to enforcement and view the list of enforcement actions taken by MAS for breaches of laws and regulations.

The FinTech Regulatory Sandbox enables financial institutions and FinTech players test new innovations in a live environment, with appropriate safeguards.

Technological innovation and advancement are rapidly transforming the financial sector. The success of the digital transformation in the financial sector is underpinned by the safety and soundness of these technologies. Find out MAS’ strategies and guidance for financial institutions to achieve cyber resilience.