Financial institutions in Singapore are required to put in place robust controls to detect and deter illicit funds through Singapore's financial system. Such controls include conducting regular account reviews, monitor and report any suspicious transaction.

The objective of corporate communications is to shape perceptions of MAS and the Singapore financial sector through engagement with MAS' stakeholders. 

MAS is keen to harness data analytics to unlock insights, enhance the supervision of financial institutions, make regulatory compliance more efficient and improve work efficiency across the organisation.

MAS continuously makes improvements to the way we work. The speed and agility of the organisation to make business decisions is critical. The use of technological tools in achieving business goals form a big part of the operations today.

MAS works closely with our partners to develop and promote Singapore as a regional and international financial centre. MAS development initiatives include creating quality jobs, pushing technological boundaries, empowering consumers and deepening financial cooperation with our global partners.

Enterprise risk management is MAS' strategy to identify and facilitate the development of policies to mitigate business continuity and enterprise-wide risks, as well as the financial risks of MAS' global investments. 

MAS is taking active steps to promote sustainable financing in our financial sector – by engaging financial institutions to distil the best practices by considering ESG criteria in their decision-making process. 

Financial Risk Management is essential in MAS to facilitate the development of policies and strategies to mitigate MAS’ business continuity and financial risks of MAS’ global investment. 

Singapore’s FinTech journey is about innovation, inclusion, and inspiration. MAS is partnering the industry to promote innovation in the financial sector, and to support a thriving and vibrant FinTech ecosystem. 

MAS is at the forefront of Singapore’s rapidly growing financial industry, creating and shaping the development of MAS’ policies on international monetary and financial issues to address the ever-changing landscape. 

Quantitative Finance and Econometrics adopts statistical and quantitative methods to develop theories, test existing hypotheses, analyse and predict financial markets and securities. 

Robotic process automation (RPA) has the potential to automate data entry and documentation across network which will allow financial institutions to gain deeper insights into customers’ needs and to assess risks. 

Technology covers a broad spectrum of projects including web and mobile app developments, business process re-engineering and DevOps.