Discover how banks can meet MAS's new fraud liability rules and protect customers with proactive, compliant solutions.
Key Requirements for Banks & How BioCatch Supports Compliance The Monetary Authority of Singapore (MAS) has introduced the Shared Responsibility Framework (SRF), a landmark regulation aimed at combating phishing scams and unauthorized transactions. 
This framework shifts greater accountability onto financial institutions (FIs) and payment service providers, requiring them to strengthen fraud prevention measures to protect customers. But SRF is just the beginning. Globally, regulators in the UK, Australia, Thailand, and across Southeast Asia are enforcing stricter fraud liability rules, signaling a clear message: banks that fail to act risk financial penalties, regulatory scrutiny, and reputational damage. Access the report to uncover the key SRF requirements and see how BioCatch empowers financial institutions to stay compliant, reduce liability, and stay ahead of evolving fraud threats.