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Grants

RegTech Grant

Regulatory Technology Grant

The Regulatory technology (“regtech”) grant aims to enhance the adoption and integration of regtech solutions in financial institutions in singapore, streamlining risk management and compliance processes through technology.

Funding Support

  • Up to 30% of expenses (except non-SC manpower costs, funded at 15%), max grant of $100,000.

  • Duration: Up to 18 months from project start.

Eligibility    

  • Singapore-based FIs regulated by MAS with <200 Singapore headcount.

  • Not awarded a RegTech grant during FSTI 3.0.

Solution Criteria:

  • Deployed and used in Singapore.

  • Domains:

    • Know Your Customer, Transaction Monitoring, Suspicious Activity Detection, Regulatory Reporting, Risk Management, Case Management, or proposed use cases.

Visit the official MAS website here for more details.

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