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 .
Financial Services Industry Transformation Map
In Budget 2016, the Government launched the Industry Transformation Maps (ITMs), which drive transformation at the company, industry and economy-wide levels. The outlines our growth strategies by business lines, programmes for upgrading skills, and an agenda for continuous innovation and technology adoption.
Grants for Innovation
Get funding on proof-of-concepts, hiring, business development and more.
World's first open architecture platform for financial institutions to easily discover FinTechs, quickly design prototypes and rapidly deploy solutions.
Protect your intellectual property faster through the FinTech Fast Track Initiative, Patent Prosecution Highway and ASEAN Patent Examination Co-operation.
The Global Trade Connectivity Network (GTCN) is a cross-border DLT project to digitalise trade and trade finance.
An industry collaboration exploring the use of Blockchain and Distributed Ledger Technology (DLT) for Central Bank Digital Currency.
Singapore FinTech Festival
The world's largest FinTech festival for the global FinTech community to connect, collaborate and co-create.
Sandbox relaxes specific regulatory requirements to enable live experiments of innovation within boundaries.
Business sans Borders
A collaborative AI-driven global solutions hub to foster SME digitalization.
Understand more about MAS' payment initiatives like SGQR, FAST, PayNow and UPOS.
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.
MAS announced today that Singapore’s average daily foreign exchange (FX) trading volume reached a new high of US$633 billion in April 2019, up 22% from US$517 billion in April 2016. Singapore retains its position as one of the largest FX centres globally – ranked third with a 7.6% share of global FX volume in April 2019.
MAS and the Singapore Academy of Law (SAL) have launched a new Payments Regulatory Evaluation Programme (PREP) to help connect the payments industry with legal service providers.
In the Second Reading Speech for the Variable Capital Companies (Miscellaneous Amendments) Bill, Ms Indranee Rajah, Second Minister for Finance, elaborate on the two broad categories of the Bill - (1) Amendments to Tax Acts; and (2) Amendments to VCC Act.
Written Reply to Parliamentary Question on Erroneous Transfers of Monies by Bank Customers
MAS has launched Sandbox Express to provide firms with a faster option to test innovative financial products and services in the market.