MAS supervises financial institutions to ensure that they operate in a sound and prudent manner as well as comply with our regulations which are benchmarked against international standards, and meet our supervisory expectations which are aligned with global best practices.

Decisive enforcement actions are taken for wrongdoing to deter misconduct in the financial sector and protect consumers. Delivering fair and effective enforcement outcomes is key to safeguarding the integrity of Singapore as a clean and trusted financial centre.

Through various efforts, MAS safeguards the interests of consumers and promotes fair dealing. MAS also seeks to raise industry standards so as to improve the quality of financial advice provided to consumers, and to enhance the transparency and efficiency of financial products distributed to Singapore.

MAS scans the external environment for emerging vulnerabilities and risks that may affect the financial sector, and takes measures to mitigate these risks. Financial institutions are required to test their financial health against stress scenarios.