Legal Business

Sponsored Q&A: Drew & Napier

1. Could you provide an overview of the licensing and registration requirements imposed by the Monetary Authority of Singapore for foreign financial institutions seeking to establish a presence in Singapore?

Foreign financial institutions looking to establish a presence in Singapore must consider a range of licensing and registration requirements based on their intended business activities. The Monetary Authority of Singapore (MAS) is the singular regulatory authority overseeing the financial services sector in Singapore, and regulates and supervises financial institutions and their operations in Singapore.