A listing on SGX, a private placement or a tokenised offering each has its own route. See what the Securities and Futures Act 2001 requires by way of prospectus, licence and conduct, and how to raise capital in and from Singapore.
On 30 September 2026 SGX had 604 listings, 406 on the Mainboard and 198 on Catalist, plus 60 on GlobalQuote, with a market capitalisation reported at S$1,184.8 billion. A chapter of the financial centre book on the market itself is still to come. Until then the articles here follow the securities perimeter as it is set out in the Digital Assets book.
An offer of securities or of units in a collective investment scheme to persons in Singapore needs a prospectus registered with MAS unless an exemption applies (Prospectus requirements and exemptions). Venues need approval or recognition (Approved exchanges and recognised market operators).
Part 12 of the Securities and Futures Act 2001 prohibits false trading, market manipulation, misleading statements and insider trading (Market misconduct). Intermediaries need a licence (Licensing of intermediaries).
A token can be a capital markets product, and the same rules then apply (Capital markets products, Tokenised capital markets products and the 2025 Guide).
Capital Raising
An offer of securities in Singapore follows the Securities and Futures Act 2001. The articles collected here explain when a product is a capital markets product, when a token is not, prospectus requirements and exemptions, the licensing of intermediaries, approved exchanges and recognised market operators, and the MAS case examples. They also cover tokenised capital markets products under the 2025 Guide. To the articlesRegulation and Supervision
Financial regulation in Singapore is concentrated in one institution. The articles collected here explain the Westminster model in a city-state, the sources of law, the legal force of MAS notices, guidelines and FAQs, MAS's mandate and philosophy, the licensing categories, the Payment Services Act 2019, the Securities and Futures Act 2001, the Financial Services and Markets Act 2022, stablecoins, tokenisation and the steps of a licence application. The colonial origins of the legal order are told in the financial centre book. To the articlesCrypto-Assets
Singapore has built a licensing regime for crypto-assets step by step. The articles collected here, from the book Digital Assets Law in Singapore and Switzerland, explain the MAS approach, the private law of tokens and the case law, the Payment Services Act 2019, the Securities and Futures Act 2001, Part 9 of the Financial Services and Markets Act 2022, stablecoins and tokenisation. They also cover AML and sanctions, tax and fund incentives, enforcement and insolvency, structuring and a practical toolkit. The book states the law as at 30 June 2026. To the articlesDigital Assets: Singapore III: Regulation — PSA, SFA, FSMA/DTSP, Stablecoins, Tokenisation
Singapore III: Regulation — PSA, SFA, FSMA/DTSP, Stablecoins, Tokenisation — a part of the book Digital Assets Law in Singapore and Switzerland by Dr Alexander Ressos. To the articles