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.
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.
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.
Understand the various initiatives for technology solutions and projects in Green 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.
The Bank of Japan, acting as agent for the Minister of Finance of Japan, and the Monetary Authority of Singapore have renewed the existing Bilateral Swap Arrangement (BSA) between the two countries.
Mr Ravi Menon, Managing Director, MAS, spoke on the opportunities in using carbon markets to support the transition to a low carbon future, and Singapore’s vision to be a carbon services and trading hub in Asia.
The Green Finance Industry Taskforce (GFIT), convened by MAS, launched today several initiatives to accelerate green finance in Singapore through improving disclosures and fostering green solutions.
Written Reply to Parliamentary Question on the implementation progress of Project Ubin
Mr Ravi Menon, Managing Director, MAS, spoke on sustainable finance, the transition to a low carbon future, and MAS' efforts to enable an orderly and inclusive transition.