Introduction

MASNET was launched in 1991 as a communication network to provide efficient and secured communication and data exchange services for the Singapore’s financial sector. Today, MASNET has also grown to provide secure online services to facilitate collaborations between financial institutions and MAS.

Summary of MASNET Services

The online financial information and services accessible through web browsers are :-

• Singapore Government Securities (SGS) market prices are for valuing SGS portfolios held to meet the minimum liquid assets requirement.
• Interest compensation on interbank failed payments - ABS K2 & K3 Rate
• eServices such as the electronic submission of:
• Statutory returns to MAS;
• Representatives notifications and misconduct reporting under the Representative Notification Framework;
• Applications for a Capital Markets Services license for fund management company; and
• MASNET Mail;

MASNET Charges

The following charges and fees are applicable to financial institutions subscribing to MASNET :-