Mr. Sanctions

Singapore Resources List

This page provides links to sanctions-related resources from Singapore’s principal regulatory bodies, covering financial sanctions, strategic goods controls, and trade-related export controls. Singapore’s sanctions framework is administered across four bodies: the Monetary Authority of Singapore (MAS) for financial sanctions, Singapore Customs for strategic goods and export controls, the Ministry of Foreign Affairs (MFA) for overall sanctions policy and autonomous measures, and the Ministry of Home Affairs (MHA) through the Inter-Ministerial Committee on Terrorist Designation (IMC-TD) for domestic terrorist designations. Retrieved: July 3, 2026.

Monetary Authority of Singapore (MAS)

MAS is Singapore’s central bank and financial regulator, and the primary body for financial sanctions compliance. It gives effect to UN Security Council targeted financial sanctions through regulations applicable to all financial institutions and variable capital companies in Singapore. MAS also issues its own autonomous financial sanctions notices, most notably in response to Russia’s invasion of Ukraine and, in November 2025, against Israeli settlers involved in violence against Palestinians. Note: MAS website pages return access errors when fetched programmatically; all URLs below have been confirmed via official search results and MAS-published content.

Designated Persons Lists and Screening Tools

  • Lists of Designated Individuals and Entities – MAS-maintained lists of all UN-designated individuals and entities subject to financial sanctions in Singapore, updated to reflect UNSC actions. All natural and legal persons in Singapore must screen against these lists before engaging in any business or commercial activity.

Legislation and Regulations

  • Financial Services and Markets Act 2022 (FSMA) – Primary legislation empowering MAS to issue regulations implementing UN targeted financial sanctions for all financial institutions in Singapore.
  • Regulations for Targeted Financial Sanctions – Overview of the Financial Services and Markets Regulations (FSM Sanctions Regulations) and Variable Capital Companies (Sanctions and Freezing of Assets of Persons) Regulations 2020 implementing targeted financial sanctions; includes links to current and previous regulations for DPRK and Iran.
  • Terrorism (Suppression of Financing) Act 2002 (TSOFA) – Singapore’s primary counter-terrorism financing legislation, implementing the international convention on suppression of terrorism financing and providing the basis for domestic terrorist designations by the IMC-TD.

Sanctions Programs and Regimes

  • Targeted Financial Sanctions – MAS Main Page – Central MAS page explaining Singapore’s TFS framework: UN sanctions implementation obligations, FSM Regulations requirements for financial institutions (immediate asset freeze, prohibition on financial transactions, mandatory reporting to MAS), VCC Regulations, and links to designated lists and notices.

Compliance Guidance – General

Advisories

Reporting and Voluntary Disclosure

  • Request for De-listing or Unfreezing – Procedures for individuals and entities seeking de-listing from UN sanctions lists or unfreezing of inadvertently frozen assets, including the MAS-assisted process available to Singapore citizens and Singapore-incorporated entities.

Singapore Customs

Singapore Customs is the national authority for strategic goods controls under the Strategic Goods (Control) Act (SGCA). It regulates the export, re-export, transhipment, transit, intangible transfer of technology, and brokering of strategic goods and strategic goods technology. Singapore Customs also administers UNSC sanctions as they relate to trade in controlled items, and maintains Singapore’s Russia-specific export control restrictions.

Legislation and Regulations

  • Strategic Goods (Control) Act (SGCA) – Primary legislation regulating the transfer and brokering of strategic goods and strategic goods technology in Singapore. Includes a “catch-all” provision ensuring any goods or technology likely to be used for WMD purposes are subject to control, even if not specifically listed.
  • Strategic Goods (Control) Regulations (SGCR) – Procedural subsidiary legislation implementing the SGCA, covering permit application procedures and the conditions for approving, suspending or revoking strategic goods permits.

Trade Sanctions and Export Controls

  • Strategic Goods Control Overview – Singapore Customs central page on strategic goods controls: what strategic goods are, Singapore’s role as national authority under the SGCA, the full scope of controlled activities (export, re-export, transhipment, transit, ITT and brokering), enforcement powers, and the penalty table for key offences.
  • Sanctioned Lists and Red Flags – Singapore Customs page on UNSC sanctions in the trade context, Singapore’s Russia-specific export controls, red flag indicators for WMD-related transactions (Know Your Customer checklist), nuclear materials checklists, and an overview of unilateral sanctions lists from major jurisdictions including the US, UK, EU and Japan.
  • United Nations Security Council Sanctions (Singapore Customs) – Singapore Customs overview of UNSC sanctions as they apply to strategic goods transfers, including the UNSC Procurement Channel requirements for Iran and DPRK-related shipments.

Dual-Use Goods Controls

Licensing – Application Procedures and Forms

Compliance Guidance – General

Annual Reports and Statistics

  • Resources and Useful Links – Singapore Customs collection of strategic goods control resources: handbooks, guides, control list updates, links to all four multilateral export control regimes (Wassenaar Arrangement, MTCR, Nuclear Suppliers Group, Australia Group), international conventions (BWC, CWC, NPT), and foreign government export control agency contacts.

Ministry of Foreign Affairs (MFA)

The MFA is the lead ministry for Singapore’s overall sanctions policy. It coordinates inter-agency implementation of UNSC sanctions, announces Singapore’s autonomous sanctions measures, and liaises with international partners on sanctions alignment. Autonomous Singapore sanctions are announced by MFA and implemented through MAS (financial measures) and Singapore Customs (export controls) respectively.

Sanctions Programs and Regimes

  • Sanctions and Restrictions Against Russia in Response to Its Invasion of Ukraine (5 March 2022) – MFA foundational press statement announcing Singapore’s autonomous sanctions against Russia: export control bans on all Military Goods List items and specified dual-use categories (Electronics, Computers, Telecommunications and Information Security), and financial measures against designated Russian banks and entities. Includes full factsheets on both the export controls and financial measures with scope details and contact persons.

Background and Policy

  • MFA Newsroom – MFA central newsroom for all press statements, ministerial speeches and policy announcements, including future autonomous sanctions designations and updates to Singapore’s sanctions stance.

Ministry of Home Affairs (MHA) – Inter-Ministerial Committee on Terrorist Designation (IMC-TD)

The IMC-TD, secretariat at MHA, is Singapore’s authority for domestic terrorist designation under the Terrorism (Suppression of Financing) Act. It is responsible for listing and de-listing individuals and entities as designated terrorists in Singapore’s domestic legislation (the TSOFA First Schedule), separate from the UN-based designations administered by MAS. The committee comprises members from MHA, Singapore Police Force / Commercial Affairs Department, MFA, and MAS.

Designated Persons Lists and Screening Tools

  • Countering the Financing of Terrorism – IMC-TD (MHA) – MHA page on the Inter-Ministerial Committee on Terrorist Designation: Singapore’s authority for domestic terrorist designation under the TSOFA First Schedule. Includes information on designation criteria, delisting procedures, the appeal process for inadvertently affected parties, and contact details for IMC-TD enquiries.

Legislation and Regulations

  • Terrorism (Suppression of Financing) Act 2002 (TSOFA) – Singapore’s primary domestic counter-terrorism financing law, implementing the UN International Convention for the Suppression of the Financing of Terrorism. Prohibits dealing with or providing financial assistance to persons designated as terrorists by the IMC-TD.

Background and Policy

Retrieved: July 3, 2026