Monetary Authority of Singapore

Enforcement

MAS Fines Singlife Financial Advisers, Issues POs Over Supervisory Lapses

By Nithya Subramanian | 22/09/2025

MAS took regulatory action against Singlife Financial Advisers and several former employees over recruitment lapses and product mis-selling breaches.

ESG / Sustainability

MAS to Pilot Capital Relief for Insurers' Green Investments

By Manesh Samtani | 19/09/2025

MAS will introduce a time-bound project offering differentiated capital treatment to facilitate insurers' investment in green infrastructure projects.

Fintech / Regtech

MAS Warns of Growing Deepfake Cyber Threats to Financial Sector

By Nithya Subramanian | 19/09/2025

New paper outlines the growing cyber threats posed by deepfakes to the financial sector, urging FIs to strengthen their defences against fraud and misinformation.

HKMA Signs Pact with MAS To Boost Banking Supervision

By Sanday Chongo Kabange | 18/09/2025

The agreement between the HKMA and MAS aims to strengthen information sharing and mutual assistance for the supervision of cross-border banking operations in both jurisdictions.

Fintech / Regtech

Singapore Introduces New Measures Against Scam Mules

By Sanday Chongo Kabange | 18/09/2025

The new framework to be implemented starting next month aims to curb soaring scam losses by restricting financial and mobile access for individuals facilitating fraud.

Fintech / Regtech

MAS to Promote Tokenisation, AI while Safeguarding Stability

By Nithya Subramanian | 17/09/2025

MAS will also back digital innovation and Asia’s low-carbon transition, while ensuring robust supervision in the financial system, said Deputy Prime Minister Gan Kim Yong.

Securities / Derivatives

SGX to Launch New Index Tracking Non-STI Companies

By Nithya Subramanian | 15/09/2025

MAS Deputy Chairman Chee Hong Tat said Singapore will also unveil a “value unlock” package later this year to spur listed companies to raise shareholder returns.

AML / KYC

Singapore Family Offices Face Rising Cost, Compliance Hurdles

By Nithya Subramanian | 15/09/2025

The fallout from the 2023 money laundering case has driven up costs and compliance hurdles for single family offices, prompting the ultra-rich to explore other banking alternatives.

Enforcement

MAS Bars Former AIA Representative for Mis-selling Complex Products

By Nithya Subramanian | 11/09/2025

MAS imposed a three-year prohibition order after finding that the Insurance representative recommended unsuitable products without assessing the client’s financial situation.