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Regulator Performance Overview
550
92
55
17
6
1
Insurance coverage protecting client deposits and funds
Requirement for client funds to be held separately from company funds
High
Tier 1
Capital Markets Services (CMS) Licence
SGD 500000+
Detailed assessment of regulatory capabilities and effectiveness
Detailed breakdown of the 6 key regulatory performance indicators
Value and prestige of licenses issued by this regulator
This regulator shows excellent performance with an overall score of 92.
Strongest performance in License Value
Transparency Level: high
Global Tier: tier1
The Monetary Authority of Singapore (MAS) was established on 1 January 1971, following the passage of the Monetary Authority of Singapore Act by Parliament in 1970. The formation of MAS represented a significant achievement in consolidating the regulatory and supervisory responsibilities of Singapore's financial sector under a single authority.
MAS's original mandate was to regulate the financial services sector and act as banker and financial agent for the Government.
Over the years, MAS's mandate has expanded dramatically. In April 1977, MAS assumed responsibility for supervising the insurance industry, followed by the Securities Industry Act in September 1984, which granted MAS regulatory oversight of capital markets.
On 1 October 2002, MAS merged with the Board of Commissioners of Currency, and thus, MAS assumed the exclusive power to issue Singapore's currency. Today, MAS oversees a comprehensive set of laws relating to money, banking, insurance, securities, and the overall financial system, operating as Singapore's central bank and as an economic regulator and integrator.
Protection against negative account balances in trading
Access to qualified investment professionals and advisory services
Government-regulated
USA - North Korea - Iran - other sanctioned countries
Singapore
Singapore - Asia - some global clients
USA - North Korea - Iran - other sanctioned countries
Retail Agency (STP); Market Maker (Principal); Provide Liquidity (PoP)
Online portal available
FIDReC
1:20
6 instruments
Contact regulator for details
International Organization of Securities Commissions
Member of the global body that brings together the world's securities regulators
Access to international regulatory standards, cooperation frameworks, and best practices
Financial Action Task Force
Member of the inter-governmental body that sets standards for combating money laundering
Commitment to international standards for anti-money laundering and counter-terrorism financing
Effectiveness of regulatory framework and enforcement
Institutional strength and organizational capability
Risk assessment and management protocols
Investor protection measures and safeguards
Client fund protection and insurance coverage
forex, Stocks, Fund, Options, Derivatives, Futures
Brokers authorized and regulated by this authority
Hong Kong
United StatesUnited States+4 more licensesHong Kong
Singapore
Australia+1 more licensesUnited StatesUnited StatesUnited States+3 more licensesHong KongSingaporeUnited States+1 more licensesHong Kong
Switzerland
United Kingdom+4 more licensesHong KongSingaporeHong Kong+1 more licenses
ChinaChinaHong Kong+2 more licensesSingaporeUnited StatesUnited KingdomUnited States
Japan+1 more licensesHong KongSingapore
GermanyUnited KingdomHong Kong+4 more licensesSingaporeHong Kong
Lebanon
