Why Singapore
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 leading global financial centre.
Financial Services Industry Transformation Map 2025
The refreshed Financial Services Industry Transformation Map (ITM) 2025 sets out MAS’ growth strategies to further strengthen Singapore’s position as a leading international financial centre in Asia.
How MAS Supports You
MAS aims to make Singapore the leading global financial centre in Asia by developing key focus areas. Find out about the opportunities and plans that we have to grow your business areas.
The financial sector is an integral part of Singapore’s ambition to be a Smart Nation. Find out how MAS is creating a Smart Financial Centre through FinTech and Innovation here.
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.
Regulatory Sandbox
Sandbox relaxes specific regulatory requirements to enable live experiments of innovation within boundaries.
Green FinTech
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.
Digital Assets
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.
E-Payments
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.
SG FinDex
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.
Financial institutions including startups can enjoy a range of MAS incentives and grants when setting up or expanding their operations in Singapore. Read about the support that is available for your business operations.
MAS works closely with tripartite partners to build a skilled and adaptable Singapore workforce in finance. Financial institutions can get support for hiring and training (2.04 MB) as well as support for workforce transformation, while finance professionals can tap on funding for skills and career development (804 KB).
Click here to find out more.
Support Measures for Covid-19
Read more about the measures 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 announced 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.
What's New
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MAS and McKinsey Explore the Use of High-integrity Carbon Credits to Accelerate and Scale the Early Retirement of Asia’s Coal-fired Power Plants
MAS and McKinsey have jointly published a working paper setting out how high-integrity carbon credits can be utilised as a complementary financing instrument to accelerate and scale the early retirement of coal-fired power plants (CFPPs).
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Working Paper on Accelerating the Early Retirement of Coal-Fired Power Plants through Carbon Credits
MAS, together with McKinsey & Company, launched a working paper which sets out how high-integrity carbon credits can be utilised as a complementary financing instrument to accelerate and scale the early retirement of coal-fired power plants (CFPPs) and identifies what is needed to develop a high-quality market for such credits.
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"ASEAN, Alternative Energy, and Artificial Intelligence" - Keynote Speech by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at 61st ACI World Congress on 21 September 2023
Mr Ravi Menon, Managing Director of MAS, spoke on three dominant investment themes in Asia-Pacific in the next decade: ASEAN, Alternative Energy and Artificial Intelligence.
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MAS Reports Robust Enforcement Outcomes and Enhances Disclosure of Statistics
MAS issued its 4th Enforcement Report on 19 September 2023. Published every 18 months, the report updates on enforcement matters in the financial markets, highlights key outcomes and outlines MAS' enforcement priorities.
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MAS issues Prohibition Orders against Three Arrows Capital’s Zhu Su and Kyle Livingston Davies
MAS has issued nine-year prohibition orders against Mr Zhu Su and Mr Kyle Livingston Davies for contraventions of the Securities and Futures Act 2001 and Securities and Futures (Licensing and Conduct of Business) Regulations. Mr Zhu was the Chief Executive Officer and Director of Three Arrows Capital Pte Ltd, while Mr Davies was the Chairman and Director.