Singapore is an international financial centre with more than 1,000 financial institutions from around the world. These institutions undergo a rigorous admission process by MAS based on their financial standing, business plans and risk management capabilities.
Through offsite reviews and onsite examinations, 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.