Circulars
Published Date: 16 December 2025

Circular on Financial Institution Incident Reporting

The circular informs FIs of the updated incident reporting template. From 1 February 2026, FIs should submit reportable incidents using the updated template on MAS-Tx.

Applies to: Full Bank (Branch) , Full Bank (Locally Incorporated) , Merchant Bank (Branch) , Merchant Bank (Locally Incorporated) , Wholesale Bank (Branch) , Wholesale Bank (Locally Incorporated) , Finance Company , Exempt Trust Company , Licensed Trust Company , Exempt Person Providing Trust Services , Approved CIS Trustee , Benchmark Administrator/Submitter , Central Securities Depository , Clearing House , Corporate Finance Advisory , Credit Rating Agency , Dealing in Capital Markets Products , Exempt Capital Markets Services Entity , Exempt Corporate Finance Adviser Serving Accredited Investors , Holding Company of Exchange or Clearing House , Licensed Fund Management Company , Markets and Exchanges , Product Financing , Providing Custodial Services , Registered Fund Management Company , REIT Management , Venture Capital Fund Management Company , Trade Repository , Exempt Financial Adviser , Exempt Financial Adviser Serving up to 30 Accredited Investors , Licensed Financial Adviser , Credit and Charge Card Licensee , Credit Bureau Licensee , Designated Payment System Operator , Designated Payment System Settlement Institution , Major Payment Institution , Money-changing Licensee , Credit/Charge Card Issuer , Standard Payment Institution , Direct Insurer (Life) , Direct Insurer (General) , Direct Insurer (Composite) , Reinsurer (Life) , Reinsurer (General) , Reinsurer (Composite) , Captive Insurer , Lloyd's Asia Scheme , Financial Holding Company (Insurance) , Registered Insurance Broker , Exempt Insurance Broker , Approved Insurance Broker

This circular provides guidance on how FIs should provide the initial notification to MAS upon discovery of a reportable incident, and submit the subsequent incident reports to MAS using the updated template. The FI should notify MAS as soon as possible, but no later than the timeline prescribed in the applicable act(s), regulation(s), notice(s), circular(s) or guideline(s), upon the discovery of a reportable incident. Following the incident notification, the FI should submit the incident reporting template on MAS-FI Transactions Platform (“MAS-Tx”) from 1 February 2026.

Resources

FI Incident Reporting Template (67.3 KB)