A Singapore Government Agency Website

How to identify

Official website links end with .gov.sg

Government agencies communicate via .gov.sg websites (e.g. go.gov.sg/open). Trusted websites

Secure websites use HTTPS

Look for a lock () or https:// as an added precaution. Share sensitive information only on official, secure websites.

eServices
- MAS-Tx
- Directories
Who We Are
Contact Us

Regulation
Back

Regulation

Access regulations, updates and licensing information
- Banking
  Regulations, guidance and licensing for deposit-taking institutions
  
  Licensing
  
  Regulations and Guidance
- Capital Markets
  Regulations, guidance and licensing for capital market entities
  
  Licensing
  
  Regulations and Guidance
  
  Offers of Investments
  
  Disclosures
- Insurance
  Regulations, guidance and licensing for insurers
  
  Licensing
  
  Regulations and Guidance
- Payments
  Regulations, guidance and licensing for payment service providers and systems
  
  Licensing
  
  Regulations and Guidance
- Focus Areas
  Information on MAS’ approach, strategies and efforts in these key areas
  
  Anti-Money Laundering
  
  Enforcement
  
  Combatting Scams
  
  Cyber Security
  
  Third-Party Risk Management
  
  FinTech Regulatory Sandbox
  
  Interest Rate Benchmarks Transition
  
  Operational Resilience
- Supervisory Approach and Regulatory Instruments
  MAS’ approach to supervision and the instruments under the Acts it administers
Quick Links
Financial Institutions Directory

Financial Institution Representatives Register

Investor Alert List

Enforcement Actions

Lists of Designated Individuals and Entities
Development
Back

Development

Find out about MAS’ strategies to develop and support the financial sector
- Why Singapore
  Discover what makes Singapore a leading global financial centre
- FinTech and Innovation
  Find out how MAS is co-creating a Smart Financial Centre
  
  Grants for Innovation
  Get funding on proof-of-concepts, hiring, business development and more
  
  Regulatory Sandbox
  Sandbox relaxes regulatory requirements to enable live experiments of innovation
  
  E-Payments
  Various payment initiatives including SGQR, FAST and PayNow
  
  Green FinTech
  Understand the various initiatives for technology solutions and projects in Green Finance.
  
  Digital Assets
  Unlocking new possibilities for the future of financial services through Digital Assets
  
  Singapore FinTech Festival
  World’s largest festival for the FinTech community to connect, collaborate and co-create
  
  SG FinDex
  World's first to use national digital ID & online consent system for secure financial data
- Sustainable Finance
  Find out how Singapore can be a leading centre for Green and Sustainable Finance
  
  Transition credits
  
  Taxonomy
  
  Regulatory and Supervisory Approach
  
  Sustainable Financing Solutions
  
  Sustainable Talent Ecosystem
  
  Green FinTech
  
  International and Regional Collaborations
  
  Investment Portfolio
  
  MAS' Operations
- Business Areas
  Find out about the opportunities and plans that MAS has to grow your business areas
  
  Asset Management
  
  Enterprise Financing
  
  Wealth Management
  
  Foreign Exchange & Derivatives
  
  Fixed Income
  
  Infrastructure Finance
  
  Sustainable Finance
  
  Insurance & Risk Financing
- Set Up & Expansion
  Read about the support that is available for your business operations
  
  Grants
  
  Financial Institutions
  
  Grants for Smaller Financial Institutions
  
  Innovation Centres
  
  FinTech Startups
- Skills & Talent Development
  Find out how MAS and our partners build a pipeline of financial professionals and leaders
Quick Links
Financial Institutions Directory
Monetary Policy
Back

Monetary Policy

Read about MAS’ monetary policy framework, central bank operations and related information
Bonds & Bills
Back

Bonds & Bills

Get information on SSB, SGS Bonds, T-bills, MAS Bills and MAS FRN
Quick Links
My Savings Bonds

eApps
Currency
Back

Currency

Discover more about the Singapore’s currency
Publications
Back

Publications

Access the various consultations, monographs, macroeconomic reviews and other publications
Statistics
Back

Statistics

View data on Singapore’s financial sector, reserves statistics, exchange rates and others
News
Back

News

Get the latest news, speeches, updates and announcements
Careers
Back

Careers

Find out about working in MAS and the various opportunities that are available
eServices
Back

eServices
- MAS-Tx
- Directories
Who We Are
Contact Us

Home
Publications
Annual Report
1999
Annual Report 1998/1999

Annual Reports

Published Date: 22 June 1999

Annual Report 1998/1999

View Document Annual Report 1998/1999 (1.71 MB)

Related Publications

Annual Reports

Published Date: 28 July 2026

Annual Report 2025/2026

The Annual Report outlines MAS' activities and achievements in FY 2024/2025. It also includes MAS’ financial statements and a message from MAS Chairman, Mr Gan Kim Yong.

Videos
Annual Reports

Published Date: 15 July 2025

Annual Report 2024/2025

The Annual Report outlines MAS' activities and achievements in FY 2024/2025. It also includes MAS’ financial statements and a message from MAS Chairman, Mr Gan Kim Yong.

Videos
Annual Reports

Published Date: 18 July 2024

Annual Report 2023/2024

The Annual Report outlines MAS' activities and achievements in FY 2023/2024. It also includes MAS’ financial statements and a message from MAS Chairman, Mr Gan Kim Yong.

Videos

View all publications

Monetary Authority of Singapore

Subscribe to Updates

Get notified whenever news and updates are posted on this website.

Contact Us

Report Vulnerability
|
Privacy Statement
|
Terms of Use

© 2026, Government of Singapore.Last updated on 12 Jul 2021