Singapore’s Digital Payment Token (DPT) sector is subject to increasingly rigorous oversight by the Monetary Authority of Singapore (MAS). Our regulatory compliance consultants support DPT service providers — including crypto exchanges, OTC desks, and Web3 payment platforms — with Payment Services Act (PSA) licensing, Major Payment Institution (MPI) and Standard Payment Institution (SPI) applications, AML/CFT framework design, MAS Notice PSN02 compliance, and travel rule implementation. We also advise on the boundary between DPT activities and capital markets regulation under the Securities and Futures Act (SFA), ensuring your business activities remain within Singapore’s regulatory perimeter.
In July 2026, the Monetary Authority of Singapore published its Information Paper, AML/CFT Supervisory Expectations for Digital Payment Token Service Providers (DPTSPs) (The Paper). The Paper sets out MAS’ observations…
The release of the 2026 FATF Mutual Evaluation Report (“MER”) in Singapore marks a significant development for Regulated Financial Institutions (“RFIs” or “Institutions”) operating within Singapore’s financial ecosystem. While Singapore…
What Grey-Listing Is and Why It Matters to Regulated Financial Institutions The latest MAS FATF listings update follows the Financial Action Task Force (FATF) Plenary held in Mexico City in…
As a new calendar year begins, Fit and Proper reviews once again come into focus across Regulated Financial Institutions. Annual declarations, internal reviews and board attestations are familiar fixtures of…
Welcome to the age of deepfakes, a technology rising rapidly from the shadows of advanced Artificial Intelligence (AI)-driven financial fraud. Deepfake risks in Singapore are becoming increasingly relevant as Regulated…
In Singapore’s highly regulated financial ecosystem, the collapse of Tokenize Xchange, operated by AmazingTech Pte Ltd (ATPL), illustrates how swiftly purported deficiencies in governance and compliance can trigger regulatory intervention…
As a regulatory compliance professional services firm, Curia Regis provides expert guidance on navigating new regulatory developments to help financial institutions keep abreast of their regulatory obligations. In this brief update,…
Financial Services and Markets Act 2022 - Link There have been multiple debates on the impact of the Financial Services and Markets Act (“FSM Act”) in the last few weeks,…
Digital assets—including cryptocurrencies, digital payment tokens, stablecoins, and tokenised assets—are transforming financial services and investments. At the heart of this evolution is Web3, a decentralised internet paradigm powered by blockchain…
Introduction The Markets in Crypto-Assets Regulation (MiCA) represents a landmark piece of European legislation designed to comprehensively regulate the rapidly evolving crypto-asset market. It is also seen as the end…