For deposit-taking institutions, including full banks, wholesale banks, merchant banks and finance companies.
MAS regulates financial institutions in the banking, capital markets, insurance and payments sectors. View the regulations and licensing requirements for your sector.
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.
MAS is the integrated regulator and supervisor of financial institutions in Singapore.
MAS establishes rules for financial institutions which are implemented through legislation, regulations, directions and notices. Guidelines have also been formulated to encourage best practices among financial institutions. Combined with close supervision, these instruments help MAS achieve the outcome of a sound and progressive financial services sector.
Read more about the by the MAS, Association of Banks in Singapore, the Life Insurance Association, the General Insurance Association and the Finance Houses Association of Singapore to help individuals and SMEs affected by the COVID-19 pandemic.
This circular sets out the reporting requirements for significant redemption, gating and suspension of funds by licensed and registered fund management companies.
Requirements for banks when granting an unsecured non-card credit facility to an individual.
MAS conducted thematic inspections on the AML/CFT name screening frameworks and processes of selected financial institutions in 2021. The paper sets out MAS’ supervisory expectations and good practices, areas for improvement, and illustrative examples observed from the inspections. Financial institutions should benchmark themselves against the supervisory expectations and good practices in the paper.
This Monograph outlines the approach that the Monetary Authority of Singapore (“MAS”) takes towards enforcement, the role that enforcement plays in the wider objective of financial industry oversight and the key areas of MAS’ enforcement practice and powers across the financial industry.
Requirements for capital markets intermediaries on anti-money laundering (AML) and countering the financing of terrorism (CFT).