The Guidelines on Audit of Payment Service Providers set out MAS’ expectations on the annual audits for all Payment Service Providers, including reports that should be submitted to MAS, baseline and mandatory coverage areas, as well as audit coverage for new licensees and newly licensed payment services.

The guidelines will be effective for annual audits with financial year ending 31 December 2026 onwards, i.e for Form 4 submissions due from 30 June 2027 onwards. The revised Form 4 will be available on MAS-Tx in 2Q 2027. A specimen copy of the revised Form 4 may be accessed here: Form 4 - Auditor’s Report For A Licensed Payment Service Provider