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A Singapore Government Agency Website

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slide 2 of 5

MAS Monetary Policy Statement - January 2022

Read the Monetary Policy Statement for January 2022.

READ MORE

A Framework for Equitable Sharing of Losses Arising from Scams

MAS’ update on the additional measures that banks have implemented to bolster
the security of digital banking in Singapore, as well as the development of a
framework for equitable sharing of losses arising from scams.

READ MORE

MAS & ABS Announce Measures to Bolster the Security of Digital Banking

The more stringent measures will lengthen the time taken for certain online
banking transactions but will provide an additional layer of security to protect
customers’ funds. Customer vigilance also remains of paramount importance.

READ MORE

MAS Issues Guidelines to Discourage Cryptocurrency Trading by Public

MAS issues new guidelines that clarify MAS’ expectations that DPT service
providers should not engage in marketing or advertising of DPT services to the
general public in Singapore.

READ MORE

Assessment Methodologies for Responsible Use of AI by FIs

MAS announced the release of five white papers detailing assessment
methodologies for the Fairness, Ethics, Accountability and Transparency (FEAT)
principles, to guide the responsible use of AI by financial institutions (FIs).

READ MORE

MAS Monetary Policy Statement - January 2022

Read the Monetary Policy Statement for January 2022.

READ MORE

A Framework for Equitable Sharing of Losses Arising from Scams

MAS’ update on the additional measures that banks have implemented to bolster
the security of digital banking in Singapore, as well as the development of a
framework for equitable sharing of losses arising from scams.

READ MORE

Decrease font size Increase font size Print this page


NEWS

 * Speeches
   Published Date: 09 March 2022
   
   
   “RESPONDING TO A PERFECT LONG STORM” – TRANSCRIPT OF SPEECH BY MR THARMAN
   SHANMUGARATNAM, SENIOR MINISTER AND CHAIRMAN, MONETARY AUTHORITY OF
   SINGAPORE, AT THE IMAS-BLOOMBERG INVESTMENT CONFERENCE ON 9 MARCH 2022
   
   Mr Tharman Shanmugaratnam, Senior Minister and Chairman, MAS, spoke on five
   key trends that shape today’s global outlook: geopolitical insecurity, risk
   of stagflation, the climate crisis, pandemic insecurity and the fragility
   coming out of divergences between the developing and advanced world.
   
   
 * Media Releases
   Published Date: 07 March 2022
   
   
   FIRST SINGAPORE PRESIDENCY OF FATF – SENIOR ADVISOR (INTERNATIONAL) MHA T.
   RAJA KUMAR APPOINTED AS THE NEXT FATF PRESIDENT
   
   At the Financial Action Task Force (FATF) Plenary that ended on 4 March 2022,
   the Plenary officially selected Mr. T. Raja Kumar as its next President, to
   replace Dr. Marcus Pleyer. Mr. Raja will assume office on 1 July 2022 for a
   fixed two-year term. The FATF is the global money laundering and terrorism
   financing...
   
   
 * Parliamentary Replies
   Published Date: 04 March 2022
   
   
   REPLY TO PARLIAMENTARY QUESTION ON PROPOSED GUIDELINES FOR INSURERS TO ADOPT
   FAIR AND RESPONSIBLE PRACTICES TOWARDS PERSONS WITH DISABILITIES AND MENTAL
   HEALTH CONDITIONS
   
   Written Reply to Parliamentary Question on proposed guidelines for insurers
   to adopt fair and responsible practices towards persons with disabilities and
   mental health conditions
   
   

View more


PUBLICATIONS

 * Consultations
   Last Revised Date: 01 March 2022
   
   
   CONSULTATION PAPER ON PROPOSED NEW AML/CFT NOTICE FOR PRECIOUS STONES AND
   PRECIOUS METALS ACTIVITIES AND UPDATES TO AML/CFT NOTICES
   
   This consultation paper seeks views on MAS’ proposals to issue a new AML/CFT
   Notice for financial institutions in the conduct of their operations and
   business activities in precious stones, precious metals and precious
   products, as well as, to update MAS’ existing AML/CFT Notices.
   
   Consultation number: P010-2021
   Start date: 09 July 2021
   Closing date: 10 August 2021
   MAS response date: 01 March 2022
   Status: Responded
 * Recent Economic Developments
   Published Date: 21 February 2022
   
   
   RECENT ECONOMIC DEVELOPMENTS IN SINGAPORE, FEBRUARY 2022
   
   This semi-annual brief on the Singapore economy also discusses external
   developments pertinent to our assessment of near-term economic prospects.
   
   
 * Monographs/Information Papers
   Published Date: 07 January 2022
   
   
   GLOBAL CBDC CHALLENGE 2021 REPORT
   
   The Global CBDC Challenge organised by MAS, in partnership with IMF, World
   Bank, ADB, UNCDF, UNHCR, UNDP and OECD, seeks innovative retail CBDC
   solutions to enhance payment efficiencies and promote financial inclusion.
   This report provides a summary of the challenge through its various phases
   and includes highlights of...
   
   Digital Currencies
   

View more


OUR KEY FUNCTIONS

Promoting Economic Growth & Financial Stability

MONETARY POLICY

Find out about how MAS conducts Monetary Policy.



CENTRAL BANK OPERATIONS

Learn about the functions MAS performs as a Central Bank.



MACROPRUDENTIAL POLICY

Find out about MAS' approach to macroprudential policy.

Maintaining a Robust, Resilient & Trusted Financial Centre

REGULATION AND SUPERVISION

Find out about regulations under MAS and our approach to supervision.



ENFORCEMENT

View formal regulatory and enforcement actions taken by MAS for breaches of laws
and regulations.



ANTI-MONEY LAUNDERING

Find out more about MAS' regime to combat financial crime.

Developing an Innovative & Inclusive Financial Centre

FINTECH AND INNOVATION

Get the latest on our FinTech strategy and initiatives.



DEVELOPMENT

Find out about the support and grants available for the development of
Singapore's financial sector.



JOBS AND SKILLS

Learn about initiatives to develop expertise and grow the financial sector
talent pool.


ADVANCE RELEASE CALENDAR

MAS releases regular policy statements, publications and statistics on a
monthly, quarterly and semi-annual basis.

 View Advance Release Calendar


DIRECTORIES


FINANCIAL INSTITUTIONS DIRECTORY

The directory provides a list of financial institutions regulated by MAS and the
regulated activities they are authorised to provide.


REGISTER OF REPRESENTATIVES

The register provides a list of individuals who conduct activities regulated by
MAS.


INVESTOR ALERT LIST

The list includes persons unregulated by MAS who may have been wrongly perceived
as being licensed or authorised by MAS.


ENFORCEMENT ACTIONS

The list of formal regulatory and enforcement actions taken by MAS for breaches
of laws and regulations administered by MAS.


LISTS OF DESIGNATED INDIVIDUALS AND ENTITIES

Access UN lists of designated individuals and entities for anti-money laundering
and countering the financing of terrorism.




OUR RELATED SITES





MONETARY AUTHORITY OF SINGAPORE


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