Market Abuse / Surveillance regulatory updates from Singapore.
We track 16 Market Abuse / Surveillance updates from Singapore regulators, published by MAS. The archive covers 15 news items and 1 enforcement. Most recent update: July 2026.
MAS and the China Securities Regulatory Commission held their 10th annual supervisory roundtable in Singapore on 29 June 2026.
Why this matters
This is an informational news release announcing the 10th MAS-CSRC supervisory roundtable focused on capital markets cooperation, market infrastructure resilience, and regulatory developments.
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’ Q2 2026 enforcement round-up highlights targeted actions across governance failures, AML/CFT breaches, weak risk management and outsourcing controls, and serious market misconduct (trading offences and insider dealing). For compliance teams in Singapore-regulated firms, this is a clear signal that MAS expects robust senior management oversight, strong AML/CFT controls, high-quality regulatory information, and effective management of outsourcing and conflicts, backed by meaningful financial penalties, licence revocation, and criminal sanctions.
The overall compliance impact is high: MAS is applying significant financial penalties, licence revocations, and criminal or civil sanctions to institutions and individuals, demonstrating an expectation of proactive, demonstrable compliance in governance, AML/CFT, outsourcing, and market conduct. Non-compliance exposes firms and individuals to monetary penalties, loss of licence, reputational harm, prohibition orders, and criminal liability.
AI-generated analysis. May contain errors or omissions — verify with the original MAS source before acting. Full disclaimer.
Singapore, 30 June 2026… The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$120,000 on Dr Chua Han Boon Kenneth (“Dr Chua”) for insider trading in the shares of Singapore Medical Group Limited (“SMGL”), which was listed on the Singapore Exchange at the time.
Why this matters
This is an enforcement action announcement regarding insider trading violations under Singapore's Securities and Futures Act. It serves as regulatory guidance and precedent for market participants.
Singapore, 16 June 2026 – The Monetary Authority of Singapore (MAS), on the advice of the Securities Industry Council (SIC or the Council), today issued a revised Code on Take-overs and Mergers (the Code). The amendments to the Code aim to protect the competitive process of take-over and merger transactions, improve…
Why this matters
MAS regulatory update on amendments to Singapore Code on Take-overs and Mergers, effective 16 July 2026. Addresses deal protection measures, disclosure requirements, and offeror conduct rules affecting capital markets participants engaged in M&A transactions. Informational announcement with implementation deadline.
Singapore, 20 May 2026 … In two separate cases, Mr Tan Chun Yong (Mr Tan) and Mr Xie Jianfeng (Mr Xie) were convicted and sentenced on 19 May 2026 to 10 weeks’ imprisonment , and to a fine of $200,000 respectively, for trading offences under the Securities and Futures Act (SFA).
Why this matters
Enforcement action by MAS against individuals for securities violations including false trading, unauthorized trading, and insider trading. Cases involve OCBC Securities and Sasseur Asset Management. Informational news release documenting completed convictions and sentences, not requiring immediate action.
The 29th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting took place on 3 May 2026 in Samarkand, Uzbekistan.
This March 2026 report contains an update of the latest consumer price developments in Singapore, prepared by MAS and the Ministry of Trade and Industry.
9 April 2026… On 18 March 2026, the Court of Appeal (CA) upheld the sentences of 36 and 20 years’ imprisonment meted out to Mr Soh Chee Wen (also known as John Soh) and Ms Quah Su-Ling respectively for orchestrating an elaborate scheme to manipulate the shares of Blumont Group Ltd, Asiasons Capital Ltd and LionGold…
Why this matters
This regulatory update is about a major stock market manipulation case in Singapore, which is highly relevant for capital markets firms and banks involved in trading and market activities.
The explanatory brief for the Securities and Futures (Amendment) Bill 2026 provides the background and key amendments of the Bill.
Why this matters
The regulatory update introduces a new framework for a dual-listing board, which will impact capital markets participants such as broker-dealers, asset managers, and banks. It also covers changes to market abuse provisions and reporting/disclosure requirements, which are of medium importance.
Public statement by the SIC on PSC Corporation Ltd.
Why this matters
This regulatory update from the Securities Industry Council (SIC) in Singapore relates to a breach of the Singapore Code on Take-overs and Mergers by the Executive Chairman of a listed company.
MAS and the Singapore Bullion Market Association (SBMA) set out key focus areas to strengthen Singapore’s position as a trusted gold trading centre serving the Asia-Pacific region. This will meet the growing interest among investors to vault and trade gold in Singapore. The key focus areas were developed by a Gold…
Why this matters
This regulatory update from the Monetary Authority of Singapore (MAS) outlines key focus areas to develop Singapore as a gold trading center, which is relevant for banks, wealth managers, and family offices involved in precious metals trading and investment.
At the opening of Nasdaq’s new office in Singapore, Mr Alvin Tan, Minister of State, Ministry of National Development & Ministry of Trade and Industry, and Board Member of MAS, highlighted the Global Listing Board as a "digital bridge" connecting Asian and US markets, and emphasised Singapore's broader efforts to…
Why this matters
This regulatory update discusses the expansion of Nasdaq's presence in Singapore, including the launch of a new Global Listing Board to connect Asian and US markets.
In response to media queries, MAS said that it is closely monitoring developments arising from the ongoing situation in the Middle East, and is assessing the impact on the domestic economy and financial system.
Why this matters
This regulatory update from the Monetary Authority of Singapore (MAS) provides commentary on the current market conditions and the central bank's monitoring of the situation.
Singapore, 13 February 2026… The Prime Minister and Minister for Finance announced at his 2026 Budget Statement the establishment of a workgroup to develop strategies to strengthen Singapore as a leading centre for growth capital. The Growth Capital Workgroup will be chaired by Mr Chee Hong Tat, Minister for…
Why this matters
This regulatory update announces the establishment of a workgroup to develop strategies to strengthen Singapore as a leading center for growth capital, including measures to support the financing needs of companies across various growth stages.
The expansion of the EQDP will enable more high-quality asset managers with strategies that invest significantly in Singapore equities to be funded, and also catalyse more third-party investments into the equities market.
Why this matters
The regulatory update announces the expansion of the Equity Market Development Programme (EQDP) by the Monetary Authority of Singapore (MAS), which is aimed at developing the local fund management industry and increasing investor participation in Singapore equities.
Reply to Adjournment Motion on “Make (Singapore) Equities Great Again” by Mr Chee Hong Tat, Minister for National Development, and Deputy Chairman of MAS, on behalf of Mr Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of MAS, on 3 February 2026.
Why this matters
This regulatory update from the Monetary Authority of Singapore (MAS) covers measures to strengthen Singapore's equities market, including enhancing market infrastructure, improving transparency and investor protection, and promoting international connectivity.