Access regulations, updates and licensing information for the banking, capital markets, insurance and payments sectors.
Sectors
MAS regulates financial institutions in the banking, capital markets, insurance and payments sectors. View the regulations and licensing requirements for your sector.
For deposit-taking institutions, including full banks, wholesale banks, merchant banks and finance companies.
For capital markets entities, including fund managers, REIT managers, corporate finance advisers, trustees, dealers,credit rating agencies andfinancial advisers.
For insurance companies and insurance brokers, including licensed insurers, authorised reinsurers and registered insurance brokers.
For payment service providers and payment systems, including clearing and settlement systems.
For the list of financial institutions regulated by MAS and the regulated activities they are authorised to provide, refer to the Financial Institutions Directory.
Focus Areas
Find out about MAS' regime to combat financial crime. Financial institutions are required to have sufficiently robust controls for anti-money laundering and countering the financing of terrorism.
Learn about MAS' approach to enforcement and view the list of enforcement actions taken by MAS for breaches of laws and regulations.
The FinTech Regulatory Sandbox enables financial institutions and FinTech players to test new innovations in a live environment, with appropriate safeguards.
Technological innovation and advancement are rapidly transforming the financial sector. The success of the digital transformation in the financial sector is underpinned by the safety and soundness of these technologies. Find out MAS’ strategies and guidance for financial institutions to achieve cyber resilience.
Find out about MAS’ guidelines in handling the transition and what to expect.
Find out about MAS' requirements and expectations of how financial institutions should manage risks arising from third-party and outsourcing arrangements.
Regulatory and Supervisory Approach
MAS is the integrated regulator and supervisor of financial institutions in Singapore. MAS establishes rules for financial institutions which are implemented through legislation, regulations, directions and notices. Guidelines have also been formulated to encourage best practices among financial institutions. Combined with close supervision, these instruments help MAS achieve the outcome of a sound and progressive financial services sector.
