What the role is

Singapore’s payments industry is evolving rapidly with a diverse set of players from remittance agents to digital payment token service providers. The introduction of the Payment Services Act presents new opportunities for a vibrant and competitive payment landscape while addressing potential risks and challenges. As new payment services and models are introduced alongside FinTech developments, you will be at the forefront of ensuring these providers operate in a way that promotes Singapore as an e‑payment society and supports our drive toward a sound and progressive financial centre.

What you will be working on

• Perform on‑site and off‑site supervision of payment institutions across the full spectrum of regulated payment services, including e‑money services, money transfer services and digital payment token services.
• Review the legislative requirements and policy intent of the Payment Services Act in relation to new business...