Monetary Authority of Singapore

Nature & Biodiversity

Financial Regulators Failing on Nature Risk Despite Climate Progress, WWF Says

By Manesh Samtani | 12/12/2025

A global assessment finds major gaps in addressing risks from deforestation and water stress, urging APAC regulators to act.

Tokenisation

BIS Unveils Report on Tokenised FX Pilot for Cross-Border Payments

By Nithya Subramanian | 11/12/2025

The PoC demonstrated that tokenised FX and settlement can be integrated with existing retail payment systems, paving the way for faster and more resilient cross-border transactions.

Capital Adequacy

MAS Tightens Capital Rules for Insurers, Holding Companies

By Nithya Subramanian | 10/12/2025

MAS has issued parallel amendments to its capital and valuation framework, strengthening prudential requirements at both entity and group levels from 2026.

Anti-Money Laundering

Singapore Blocks SRS Auto Vehicle Sales in Widening Money Laundering Probe

By Nithya Subramanian | 08/12/2025

The probe centres on Cambodian tycoon Chen Zhi and unregulated financing schemes that bypass central bank oversight.

Anti-Money Laundering

Singapore: Man Charged Over Unlicensed Cross-Border Transfers

By Nithya Subramanian | 08/12/2025

A 33-year-old former company director faces charges for allegedly using Wise and crypto platforms to scam proceeds without a valid payment services licence.

Conduct, Culture & Accountability

MAS Flags Gaps in Recruitment, Monitoring of Financial Representatives

By Nithya Subramanian | 05/12/2025

MAS review found weak due diligence, poor oversight and training gaps at financial advisory firms, prompting calls for stronger governance and controls.

Structural Regulation

MAS Updates CIS Code, Confirms New Financial Reporting Rules

By Nithya Subramanian | 01/12/2025

The MAS has confirmed that all existing authorised schemes, including REITs, must transition to SFRS(I) reporting to strengthen governance and disclosure standards.

Fraud, Scams & Cybercrime

MAS, ABS Reject Calls to Loosen Anti-scam Cooling-off Rule

By Nithya Subramanian | 01/12/2025

MAS and ABS say scam risks remain too high to exempt own-account transfers from the 24-hour cooling-off rule, despite customer complaints.

Liquidity Risk

MAS Raises US Dollar Liquidity Concerns With Banks

By Blake Evans-Pritchard | 28/11/2025

Regulatory pressure and stresses in the market are prompting Singapore banks to reassess their US dollar liquidity positions.