FSTI 3.0 — Regulatory Technology (RegTech) Grant

The Regulatory Technology Grant is part of MAS's FSTI 3.0 programme and sits inside the Financial Sector Development Fund. It supports small MAS-regulated financial institutions in Singapore that want to improve compliance and risk management through technology, with the eligibility screen set at fewer than 200 staff in Singapore. The scheme is one of the more operationally focused parts of the FSTI portfolio and is built for institutions that already have a clear compliance workflow to automate. MAS co-funds up to 30% of qualifying expenses, capped at SGD 100,000 over 18 months. The solution must be deployed and used in Singapore, and each financial institution can receive only one RegTech grant during the scheme period. The eligible use cases include KYC and CDD, transaction monitoring, suspicious activity detection, regulatory reporting, general risk management, and case management, with applications handled on a rolling basis. The best applicants are smaller regulated institutions with a bounded problem and a product ready for live use, not a research project. MAS is effectively rewarding adoption in the local operating environment, so the proposal should show how the tool will improve efficiency or control quality in day-to-day compliance work. Because the institution gets only one award under the scheme, the application needs to be focused and operationally credible from the start.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.