MAS’s Financial Stability Review 2025 flags rising cyber, AI-driven, and cross-border financial-crime risks, urging stronger governance and tougher system resilience across FIs

The review highlights growing risks from technology-enabled threats—particularly cyberattacks, data breaches, and the misuse of advanced technologies such as AI—while emphasising that strong governance, resilient systems, and enhanced supervisory oversight are essential to prevent exploitation of the financial system. It also flags concerns around cross-border illicit flows, fraud, and vulnerabilities arising…