FAQs
FAQs - Payment Services Act 2019
Provides clarifications to some frequently asked questions on the Payment Services Act.
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FAQs - Payment Services Act 2019
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Amendment Notes
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ConsultationsLast Revised Date: 05 December 2019
Consultation Paper on Proposed Payment Services Regulations
This consultation sets out MAS’ proposed regulations and order applicable to entities regulated under the Payment Services Act 2019, to effect the objectives of the Act.
- Consultation number:
- P005-2019
- Start date:
- 10 April 2019
- Closing date:
- 10 May 2019
- MAS response date:
- 05 December 2019
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ConsultationsPublished Date: 06 June 2019
Consultation Paper on the Proposed Payment Services Notices on Prevention of Money Laundering and Countering the Financing of Terrorism
A consultation paper on new Notices to payment services providers on the prevention of money laundering and countering the financing of terrorism, which applies to 3 classes of licensees – Money-Changing licence, Standard Payment Institution licence, and Major Payment Institution licence.
- Consultation number:
- P010-2019
- Start date:
- 06 June 2019
- Closing date:
- 05 July 2019
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ActsPublished Date: 15 April 2019
Payment Services Act 2019
The Payment Services (PS) Act is a forward looking and flexible framework for the regulation of payment systems and payment service providers in Singapore. It provides for regulatory certainty and consumer safeguards, while encouraging innovation and growth of payment services and FinTech. Parliament passed the PS Act...
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SpeechesPublished Date: 19 November 2018
Explanatory Brief on the Payment Services Bill
This Explanatory Brief on the Payment Services Bill provides the background and key provisions of the Bill.