MAS Issues Information Paper on Risk Management Practices for Fund Management Companies

The Monetary Authority of Singapore published a thematic inspection-based information paper on May 29, 2026, setting out supervisory expectations for effective governance structures, risk oversight frameworks, and controls for investment process management at fund management companies. Key findings from MAS inspections highlight gaps between board-approved policies and actual operational execution, reinforcing the importance of closing the decision-to-action gap in governance operating models. SEA mid-market CEOs and boards should treat this as a preview of tightening expectations: MAS is signalling that governance frameworks must translate into measurable, auditable operational controls—not remain aspirational policy documents.