MAS issues circular on financial institution incident reporting and revised incident reporting template

26 February 2026

The Monetary Authority of Singapore (“MAS”) has issued a Circular on Financial Institution Incident Reporting (“Circular”) and a revised Incident Reporting Template (“Template”). 

Financial institutions (“FIs”) are required to report incidents to the MAS under various acts, regulations, notices, circulars, and guidelines. MAS has updated the Template to incorporate key elements from the international Format for Incident Reporting Exchange introduced by the Financial Stability Board. MAS has also enhanced and streamlined the FI incident reporting process, including the use of MAS-FI Transactions Platform (“MAS-Tx”) to facilitate incident report submissions. 

From 1 February 2026 onwards, reportable incidents should be submitted directly via MAS-Tx. FIs should use the revised Template to submit reportable incidents on MAS-Tx. The revisions to the Template and incident submission channel seek to facilitate more standardised and streamlined incident data collection. 

The Circular, dated 16 December 2025, provides guidance on how FIs should provide initial notification to MAS upon the discovery of a reportable incident, and submit the subsequent incident reports to MAS using the Template. 

Reference materials 

The following materials are available on the MAS website www.mas.gov.sg: 

• Circular on Financial Institution Incident Reporting 
• Incident Reporting Template