Authorities

Monetary Authority of Singapore (MAS)

Singapore’s central bank and integrated financial regulator.

Overview

MAS licenses digital payment token service providers under the Payment Services Act and sets AML/CFT notices for regulated entities.

Its powers include writing binding rules, supervising and examining the organisations it oversees, granting and withdrawing licences or registrations, investigating and imposing penalties and restricting activities or withdrawing permissions.

In Singapore it works at national level.

Check the official sources below for legal scope, applicable dates and exceptions. This entry is an explanatory reference, not legal advice.

Why it matters

It can both set the rules and punish breaches of them, so its priorities shape compliance risk directly.

Who it affects

Organisations in financial services and crypto assets in Singapore.

Where it sits

Ten linked steps connect where you operate to the proof that you complied.

  1. 01Jurisdiction
  2. 02Industry
  3. 03Activity
  4. 04Authority
  5. 05Regulation
  6. 06Requirement
  7. 07Guidance
  8. 08Control
  9. 09Evidence
  10. 10Enforcement

Connections

The terms most closely tied to MAS. Select one to open it.

MAS

What to do about it

  1. 1Confirm whether MAS has power over you, and through which licence, registration, membership or activity.
  2. 2Follow its rules, guidance and enforcement publications as they are issued.
  3. 3Map each obligation it creates to a control with a named owner.
  4. 4Keep examination-ready evidence for its highest-risk obligations.
In Regulation Layer

From requirement to evidence.

Regulation Layer tracks its publications in the change feed, maps its obligations to your controls, and links its enforcement actions to the obligations they cite.

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