Monetary Authority of Singapore

AI Risk & Governance

MAS to Simplify Tax Scheme, Account Opening for Family Offices

By Nithya Subramanian | 30/09/2025

MAS will ease reporting and documentation for family office tax schemes, while a new working group is targeting more efficient account opening through AI.

Cybersecurity

MAS Completes Quantum Security Trials to Safeguard Financial Networks

By Nithya Subramanian | 30/09/2025

A proof-of-concept sandbox on QKD highlighted both benefits and gaps, with findings revealing the need for interoperability, stronger assurance, and international standards.

Fraud, Scams & Cybercrime

Singapore Banks, ABS to Develop Guidelines to Shield Seniors from Financial Abuse

By Nithya Subramanian | 29/09/2025

Singapore banks are stepping up training for front-line staff to spot signs of elderly customers being financially abused by family members.

KYC & CDD

Singapore Cuts Family Office Application Time from 12 to Three Months

By Editors | 26/09/2025

The move is part of a broader strategy to improve client onboarding and strengthen Singapore's position as a leading international wealth management centre.

Stablecoins

Singapore to Formalise Stablecoin Rules, Cautious on US Recognition

By Manesh Samtani | 26/09/2025

MAS plans a public consultation on its own framework while monitoring US and European developments before seeking regulatory comparability.

Stablecoins

Coinbase Set to List First Singapore Dollar Stablecoin

By Nithya Subramanian | 26/09/2025

The partnership with StraitX aims to give global users access to a MAS-recognised digital token while also enhancing cross-border payments and on-chain foreign exchange.

Cybersecurity

FS-ISAC Calls for Global Timeline on Quantum Crypto Migration

By Manesh Samtani | 26/09/2025

New white paper warns that delays in transitioning to quantum-safe standards create systemic risk and calls for a coordinated, phased approach for financial firms and regulators.

Conduct, Culture & Accountability

MAS Issues Guidelines for Digital Advertising in Financial Sector

By Nithya Subramanian | 26/09/2025

The new guidelines, effective 25 March 2026, aim to raise conduct standards in digital financial advertising and curb misleading or deceptive marketing on social media.

Cryptocurrency

Singapore: Tokenize Xchange Collapse Leaves Investors with S$266m in Claims

By Nithya Subramanian | 26/09/2025

More than 2,200 users have lodged claims following the crypto platform’s shutdown, after MAS rejected its PSA licence application, says DPM Gan.