Anti-Money Laundering (AML) / Countering the financing of Terrorism (CFT)
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.
Financial Sector Development
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.