How many controls does Singapore Payment Services Act 2019 have?

Singapore Payment Services Act 2019 contains 31 controls organized across 6 domains.

Where does Singapore Payment Services Act 2019 apply?

Singapore Payment Services Act 2019 is applicable in Singapore (MAS). Organizations operating in or serving customers in this jurisdiction should evaluate its requirements.

What frameworks does Singapore Payment Services Act 2019 map to?

Singapore Payment Services Act 2019 has control-to-control mappings with 495 other compliance frameworks in our database. Use our compliance platform to explore these mappings interactively.

How do I get started with Singapore Payment Services Act 2019 compliance?

Start by understanding the framework's key controls and domains. Our compliance platform provides AI-powered gap analysis and mapping tools to help you assess your current posture and build a remediation plan.

Singapore Payment Services Act 2019 (PSA) — Digital Payment Token Provisions

The Singapore Payment Services Act 2019 (PSA), administered by the Monetary Authority of Singapore (MAS), provides a modular licensing framework for payment service providers including digital payment token (DPT) services. DPT provisions cover exchanges, custodians, and transfer service providers.

Domains

Supervision and Enforcement

Consumer Protection for DPT Services

AML/CFT Obligations for DPT Providers

Licensing Requirements for DPT Providers

DPT Service Definitions and Scope

Frequently Asked Questions

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