Singapore offers financial institutions a pro-business and cost-competitive environment, excellent infrastructure, and a highly skilled and cosmopolitan labour force. Find out what makes Singapore a .
Singapore FinTech Festival
The world's largest FinTech festival for the global FinTech community to connect, collaborate and co-create.
Grants for Innovation
Get funding on proof-of-concepts, hiring, business development and more.
Sandbox relaxes specific regulatory requirements to enable live experiments of innovation within boundaries.
Understand the various initiatives for technology solutions and projects in Green Finance.
Central Bank Digital Currency
Unlocking new possibilities for the future of money and payments via CBDC.
Technological advances and the rapid digitalisation of the economy are unlocking new possibilities for the future of financial services, one of which is Digital Assets.
Understand more about MAS' payment initiatives like SGQR, FAST, PayNow and UPOS.
Business sans Borders
A collaborative AI-driven global solutions hub to foster SME digitalization.
World's first to use a national digital identity and centrally managed online consent system for secure access to financial data from private and public sectors.
MAS works with Tripartite partners to build a sustainable pipeline of professionals and leaders in the financial sector. Financial institutions can get support for hiring and training as well as support for workforce transformation, while finance professionals can tap on funding for skill and career development.
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.
MAS has a $125 Million support package for the financial and FinTech sectors to sustain and strengthen capabilities. This will position financial institutions and FinTech firms for stronger growth when the threat of COVID-19 recedes and economic activity normalises.
MAS announced the renewal of the Bilateral Local Currency Swap Arrangement with the Bank of Japan for another three years.
The United Kingdom (UK) and Singapore held the 7th UK-Singapore Financial Dialogue in Singapore today. Both countries renewed their commitment to deepening the UK-Singapore Financial Partnership that was agreed in 2021, discussed mutual priorities such as sustainable finance, FinTech and innovation, and agreed on further cooperation in these areas.
The former CEO of Hyflux Ltd (Hyflux), Ms Lum Ooi Lin, its former CFO, Mr Cho Wee Peng, and four independent directors of Hyflux at the material time were charged in court for disclosure-related offences under the Securities and Futures Act. Ms Lum was further charged with an offence under the Companies Act for her failure in ensuring Hyflux’s compliance with accounting standards.
MAS and the United Nations Capital Development Fund have signed a Memorandum of Understanding on 11 November 2022 to jointly develop integrated and digital financial ecosystems for micro, small and medium enterprises (MSMEs) from least developed countries. The partnership will help MSMEs enhance their digitalisation capabilities and facilitate greater access to finance through open digital infrastructures.
Bank Indonesia, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, Monetary Authority of Singapore, and Bank of Thailand have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments.