Official Notices
128 notices published

MAS Proposes Regulatory Changes to Facilitate Faster Approvals of New Fund Types
Singapore, 9 July 2026… The Monetary Authority of Singapore (MAS) today published a consultation paper seeking feedback on proposed amendments to the Code on Collective Investment Schemes (CIS Code). The proposed amendments seek to enable a wider range of new fund product types to be authorised for retail offer through a more streamlined process, while ensuring that appropriate safeguards are in place for retail investors.

MAS Consults on Protected Cell Company Framework to Support Growth of Alternative Risk Transfer Solutions in Insurance
MAS has issued a consultation paper proposing to establish a legislative framework for a new Protected Cell Company (PCC) corporate structure. The proposed framework aims to support the growth of alternative risk transfer solutions and deepen Singapore’s role as a risk management hub.
Written reply to Parliamentary Question on permitting some registered PayNow retail users to adopt nicknames as display names
Written reply to Parliamentary Question on permitting some registered PayNow retail users to adopt nicknames as display names

Owner of Eminent Frog Porridge Restaurant Charged with $3.8 Million Tax Evasion, Money Laundering
03 Jul 2026 Buntono, 49, who runs Eminent Frog Porridge (Ming Hui Food Porridge) (“Eminent Frog Porridge”) and Eminentseafood, was charged in Court today with Income Tax and Goods and Services Tax...

MAS Partners Industry to develop Safeguards for AI Agents in Finance
MAS, together with leading financial institutions and FinTechs, published an industry white paper on developing safeguards for AI agents in Finance. Titled “Safeguards for Agentic Finance at Runtime (SAFR)”, the paper proposes an industry-developed framework that enables AI agents in financial services to carry out financial tasks safely, securely and reliably. SAFR is developed under MAS’ BuildFin.ai initiative, which supports the responsible development and deployment of AI solutions in the financial sector.

"Strengthening Risk Resilience in a Complex Landscape" - Keynote Address by Mr Lim Cheng Khai, Executive Director, Financial Markets Development Department, Monetary Authority of Singapore, at the Asia Pacific Captive Forum 2026 on 2 July 2026
At the Asia Pacific Captive Forum 2026, Mr Lim Cheng Khai, Executive Director, Financial Markets Development Department, MAS spoke about the evolving role of captives, Singapore's strengths as a captive insurance domicile, and developing talent capabilities for the next phase of growth.

Key Enforcement Actions Taken by MAS in Q2 2026
Singapore, 1 July 2026… The table below provides an overview of the key public enforcement actions taken by the Monetary Authority of Singapore (“MAS”) from April to June 2026.

MAS and CSRC Reaffirm Commitment to Enhance Capital Markets and Supervisory Cooperation
MAS and the China Securities Regulatory Commission held their 10th annual supervisory roundtable in Singapore on 29 June 2026.

Key Member Behind Goods and Services Tax Missing Trader Fraud Syndicate Sentenced to Six Years' Imprisonment
29 Jun 2026 On 29 June 2026, Giam Zi Hin, Luke (“Giam”) was sentenced to six years' imprisonment for fraudulent trading under Section 340(5) of the Companies Act. Giam was a key member of a criminal...

MAS Invites Applications for 2026 Global FinTech Hackcelerator and FinTech Excellence Awards
MAS announced a call for applications and nominations for the 2026 Global FinTech Hackcelerator and the Singapore FinTech Festival FinTech Excellence Awards.