This section provides an overview of the regulatory requirements and licensing framework under the Monetary Authority of Singapore (MAS). Click on a topic of interest to learn more.

Overview of Fund Management Licences in Singapore

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.

Recent Updates: Singapore’s Sanctions against Russia

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.