Financial Services Compliance

Singapore's reputation as a global financial centre is grounded in a robust regulatory regime. At its core is the Monetary Authority of Singapore (MAS), which serves as the country's central bank and key financial regulator. MAS plays a vital role in maintaining financial stability and market integrity by supervising and regulating institutions across the financial sector.

1. Industry Sectors Regulated by the Monetary Authority of Singapore (MAS)

MAS is the integrated regulator of financial institutions in Singapore, implementing rules through legislation, regulations and notices. The financial entities governed by MAS can be categorised into four groups: banking, capital markets, insurance and payment sectors. Banking entities refer to deposit-taking institutions, including full banks, wholesale banks and merchant banks. Capital markets entities include fund managers, corporate finance advisers and credit rating agencies. Insurance companies include