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Singapore remains one of the world’s top destinations for fund managers, managing S$6.07 trillion in assets as of December 2024. To operate locally, all fund management companies must be licensed or registered with the Monetary Authority of Singapore (MAS) under the Securities and Futures Act (SFA). This guide outlines the key licensing requirements under MAS’s latest framework.

On 25 September 2025, the Monetary Authority of Singapore (MAS) issued the Guidelines on Standards of Conduct for Digital Advertising Activities. These new rules, effective 25 March 2026, apply to all financial institutions (FIs) and their appointed digital marketers — including agencies, affiliates, and influencers (“finfluencers”).

With growing investor demand for transparency, more companies are publishing sustainability reports — yet many still face challenges with consistent ESG data and reporting standards. Fintech is stepping in to close these gaps. Through initiatives like MAS’s Project Greenprint, Singapore is leading the way in digital ESG reporting with platforms such as ESGenome and ESGpedia. As global frameworks like GRI and TCFD gain traction, companies are encouraged to view sustainability reporting not as a compliance task, but as a vital step toward achieving long-term resilience and net-zero goals.

The majority of today’s investors no longer focus solely on potential returns. Many now look beyond projections to understand how companies achieve their goals responsibly and sustainably. As a result, Environmental, Social and Governance (ESG) factors have become a key consideration in modern investment decisions.

Following Russia’s invasion of Ukraine, Singapore imposed targeted financial measures under MAS’s notice dated 13 March 2022. These measures prohibit financial institutions from conducting transactions or providing financial assistance to designated Russian banks, entities, and individuals. Institutions must freeze related assets and restrict dealings involving controlled strategic or dual-use goods bound for Russia. MAS’s directive highlights the importance of vigilance, robust due diligence, and strong compliance controls to ensure adherence to Singapore’s sanctions regime.

As Singapore positions itself as a global FinTech hub, cryptocurrency activities are gaining traction under tighter regulatory oversight. The Monetary Authority of Singapore (MAS) now requires all Digital Payment Token (DPT) service providers to be licensed and meet stringent AML/CFT and technology risk management standards. Whether you’re an exchange operator or an investor exploring the digital asset space, understanding the Payment Services Act is essential to staying compliant and future-ready.

Singapore is stepping up its climate action with a higher carbon tax and stronger green initiatives to drive decarbonisation. Businesses are now encouraged to manage their carbon footprint, explore carbon credits, and strengthen their ESG strategies. By taking proactive steps toward sustainability, companies can stay competitive while supporting Singapore’s transition to a low-carbon future.

Singapore continues to advance as a global crypto hub under the Payment Services Act (PS Act). With stricter oversight by MAS to address ML/TF, cyber, and consumer protection risks, crypto service providers are expected to strengthen compliance, risk management, and cyber resilience to operate responsibly in this evolving landscape.

The strategic geographical location of Singapore at the crossroads of East and West contributes to its growth as a key trading hub. In order to facilitate trading business that is currently making significant contributions to the country’s economy, Singapore Customs has implemented various schemes and licences that meet different needs and requirements of traders.

Investors today increasingly prioritise companies with strong ESG practices. With growing awareness across all generations in Singapore, sustainability has become a key factor in investment decisions. Businesses that embed ESG into their strategies can enhance long-term value while contributing positively to society and the environment.