The companies, products and regulatory developments shaping the broker industry.
MAS expects retail brokers to offer both full and limited account restrictions from June 2027. The distinction matters when a compromised account still has positions exposed to the market.
MAS launches central-bank gold custody with a 500-tonne vault, extends proposed wholesale service GST relief from April 2027 and targets gold clearing infrastructure in 2027.
The group has a new locally licensed securities and OTC-derivatives entity in Singapore; a regulatory permission and an operational client launch remain different milestones.
MAS is consulting on a staged cryptographic transition for Singapore financial institutions; its proposed dates are supervisory expectations, not enacted legal deadlines.
MAS has released the 2027 SGS issuance calendar, giving primary dealers and investors an official planning reference without fixing auction yields or allocations.
MAS's latest FATF statement demands careful jurisdiction-specific compliance, warning institutions against treating enhanced Myanmar checks as identical to Iran and DPRK countermeasures.
MAS lists Capital Com Securities (Singapore) for securities, collective investment schemes, OTC derivatives and custody; the company plans to open client onboarding in early 2027.
The governance step is complete, while planned operational consolidation remains an early-2027 milestone rather than a finished new clearing platform.
For brokers, segregation depends on the account model and the clearing house’s default rules. MAS guidance explains the difference between omnibus and individual records, alongside its approach to clearing-fee oversight.
The prohibition orders run for three to thirteen years and follow criminal cases involving false trading. Each order applies to the individual named and their specified regulated activities.
MAS’s September templates show the information needed in the replacement system’s web forms. Institutions wanting copies of old submissions must save them before access ends on 1 January 2027.
Singapore’s regulator published the broker-specific guidelines and accompanying FAQs on 20 October and encourages implementation before the effective date.
The consultation also envisages regulated stablecoin issuers joining after their framework takes effect. Onboarding fees and implementation timing are to be discussed with industry during 2027.
Updated conduct expectations will limit roadshows to appropriate commercial settings and require representatives to state their purpose clearly.
Singapore’s latest inspection findings connect case handling with management decisions about recurring customer harm, system spending and remediation.