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 the commencement of the Payment Services Act, which will enhance the regulatory framework for payment services in Singapore, strengthen consumer protection and promote confidence in the use of e-payments.
Autoriti Monetari Brunei Darussalam (AMBD) and MAS committed to new areas of cooperation, with the signing of an enhanced Memorandum of Understanding on Bilateral Cooperation.
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $200,000 on Mr Lim Soon Fang for not disclosing changes in, and providing false information regarding his shareholding in Asia-Pacific Strategic Investments Limited (ASIL).
MAS and the Accounting and Corporate Regulatory Authority launched the Variable Capital Companies (VCC) framework today. The VCC is a new corporate structure that can be used for a wide range of investment funds and provides fund managers greater operational flexibility and cost savings.
This consultation sets out MAS’ proposed regulations relating to anti-money laundering and countering the financing of terrorism, applicable to variable capital companies incorporated under the Variable Capital Companies Act.
- Start date:
- 30 April 2019
- Closing date:
- 30 May 2019
- MAS response date:
- 15 January 2020