The Monetary Authority of Singapore has published anti-scam guidelines for brokers, effective from 30 June 2027. Its 20 October notice strongly encourages all retail brokers to implement the measures as early as practicable.[1]
At a glance01
Implementation timetable
| Milestone | Date or position |
|---|---|
| Guidelines published | 20 October 2026Source 1Source 2 |
| Accompanying FAQs published | 20 October 2026Source 1Source 2 |
| Effective date | 30 June 2027Source 1Source 2 |
| Earlier implementation | Strongly encouraged by MASSource 1Source 2 |
The publication establishes a forward implementation timetable for retail brokers. It does not demonstrate that every firm has already implemented the measures. MAS published an accompanying FAQ on the same date.[1][2]
Sources & further reading
- Guidelines on Anti-Scam Measures for Brokers Monetary Authority of Singapore · 20 Oct 2026 · Accessed 26 Oct 2026
- FAQs on Guidelines on Anti-Scam Measures for Brokers Monetary Authority of Singapore · 20 Oct 2026 · Accessed 26 Oct 2026