Question 1

What does Monetary Authority of Singapore (MAS) regulate?

Accepted Answer

Monetary Authority of Singapore is the financial regulator in Singapore, established in 1971. It oversees: authorization, regulation, supervision.

Question 2

Is MAS a tier-1 regulator?

Accepted Answer

MAS is currently a Tier 1 regulator on Brokers Watch. Tier 1 = strict authorization, active enforcement, and meaningful client-fund protection. Tier 3 = light-touch or offshore.

Question 3

Does MAS offer client compensation if a broker fails?

Accepted Answer

Yes — MAS's compensation scheme: Singapore Deposit Insurance up to SGD 75,000. Coverage limits apply per client, per firm.

Question 4

What capital do brokers need to be licensed by MAS?

Accepted Answer

Licensed firms must maintain minimum capital of SGD 1,000,000. Higher capital requirements generally correlate with a more stringent regime.

Question 5

How many brokers are licensed by MAS?

Accepted Answer

No firms in our directory are currently linked to MAS. Public registers on the regulator's own site will show the authoritative list.

Question 6

Where can I verify a broker's license with MAS?

Accepted Answer

Visit https://www.mas.gov.sg and search the official public register. Cross-check the exact entity name and license number — cloned firms often re-use similar-looking names.

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