Monetary Authority of Singapore

The Monetary Authority of Singapore is unusual in combining central banking with integrated regulation of banking, insurance, capital markets, and payments in a single institution.

It has pursued financial technology development deliberately as national policy, which is a substantial part of why Singapore functions as Southeast Asia's financial centre.

Singapore's position as the regional headquarters and fund domicile for Southeast Asia means MAS licensing frameworks affect most companies structuring for the ASEAN market.

Fund managers use the Variable Capital Company structure, and fintech companies operate under a payment services regime that is well defined by regional standards.