Singapore’s MAS Tightens Fund Management Oversight to Tackle Global Risks
- Asia First
- Jul 8
- 1 min read
Updated: 5 days ago

Singapore’s central bank is tightening its oversight of the fund management sector to bolster resilience in the face of mounting global uncertainties, the Monetary Authority of Singapore (MAS) announced at a regulatory forum this week. The MAS plans to revise liquidity risk management guidelines to align with international standards and will launch a public consultation on the proposed rules later this year. Quarterly data submissions will replace annual surveys, enabling timelier regulatory monitoring.
In addition, the MAS highlighted an uptick in cyberattacks and impersonation scams targeting fund managers, urging firms to bolster digital security measures. The regulator also flagged governance issues within Variable Capital Companies (VCCs), citing poor custody practices and inadequate anti-money laundering controls. Despite these challenges, the MAS maintained that Singapore’s fund management sector remains fundamentally sound and well-positioned to strengthen further through enhanced risk management and digital innovation.