It administers the various statutes pertaining to money, banking, insurance, securities and the financial sector in general, as well as currency issuance and manages the foreign-exchange reserves.

[5] The MAS decided to ease the Singapore dollar's appreciation rate to zero percent, as well as adjust the policy band downwards, the first such move since the 2007–2008 financial crisis.

The exchange rate policy band is periodically reviewed by MAS to ensure that the policy band remains consistent with underlying fundamentals of the economy; the path of the exchange rate is continually assessed every 6 months in order to prevent a misalignment in the currency value.

As the MAS utilises the choice of the exchange rate as the intermediate target of monetary policy, this implies that MAS does not have any control over domestic interest rates (and money supply), due to the commonly accepted concept in international economics known as the policy trilemma.

In the twenty years since the exchange rate framework was in place, domestic inflation was relatively low, averaging 1.9% per annum from 1981 to 2010.

As a result of the long record of low inflation, expectations of price stability in Singapore have become more entrenched over the years.

The banknotes and coins issued have the status of legal tender within the country for all transactions, both public and private, without limitation.

AFIN launched the Application Programming Interface Exchange (APIX), a global fintech marketplace and regulatory sandbox in 2018.

[22] GFTN replaces and builds upon Elevandi, the non-profit organisation created by the Monetary Authority of Singapore in August 2021 to foster an active and open dialogue between the public and private sectors, to advance FinTech further in the global digital economy.

[23][24][22] GFTN will continue to operate as a not-for-profit, and will work with the MAS on industry and policy dialogues in the area of payments, asset tokenization, AI and quantum.

[26] On 18 September 2024, in a joint statement with the Association of Banks in Singapore (ABS), MAS announced that banks in Singapore will progressively require customers to use SingPass face verification to verify their identities when setting up their digital tokens, so as to better protect consumers from online scams.

Primary goals for FAST-P remain to promote the de-risking of perceived unstable green infrastructure ventures and to tangibly bolster previously marginally bankable projects for driving sustainable innovation,[28] with a fund target of $5 billion USD.

[29] Key partners in debt financing include Pentagreen Capital and its affiliates HSBC & Temasek, with additional endorsements by member entities' Statements of Intent[30] and following memorandums of understanding.