Regulatory Bodies
MAS
All financial regulation including DPT services
Primary Legislation
| Law / Regulation | Year | Scope |
|---|---|---|
| Payment Services Act 2019 | 2019 | DPT service licensing |
| Securities and Futures Act | 2001 | Securities tokens |
Licensing Requirements
vasp
Major Payment Institution license for DPT services
custody
Included under DPT license
exchange
Major Payment Institution license
Travel Rule
Adopted — Threshold: SGD 1,500
Tax Reporting
No capital gains tax; income tax if trading is a business
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