Protection from Scams Act 2025

• Act Code: PSA2025
• Version as at: 25 Mar 2026
• Enacted by: Parliament

Section 1 — Short title and commencement

This Act is the Protection from Scams Act 2025 and comes into operation on a date that the Minister appoints by notification in the Gazette.

Section 2 — Interpretation

In this Act —“bank” means a bank in Singapore within the meaning given by section 2(1) of the Banking Act 1970; “bank account”, in relation to a scam victim, means an account with a bank —(a) with moneys standing to the credit of, and held

Section 3 — Meaning and scope of restriction orders

A restriction order is an order issued by a specified officer to one or more banks in relation to a scam victim —(a) directing the bank or each of the banks not to do any of the following at any time when the restriction order is in force:

Section 4 — Issue of restriction orders

(1) A specified officer may, on receipt of any information, issue a restriction order to one or more banks if —(a) the specified officer has reason to believe that a scam victim will —(i) instruct the bank or any of the banks to transfer an

Section 5 — Duration, cancellation, variation and extension of restriction order

(1) Subject to this section, a restriction order is in force for 30 days or any shorter period that may be specified in the order.(2) A specified officer may, at any time a restriction order is in force, cancel the order. (3) The cancellati

Section 6 — Offence of contravening restriction order and composition of offence

(1) Any bank which contravenes a restriction order without reasonable excuse shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $3,000. (2) A specified officer may compound an offence under subsection (1

Section 7 — Appeals against restriction orders, etc.

(1) Any of the following persons may appeal to the Commissioner against any decision of a specified officer under this Act in relation to a restriction order:(a) a scam victim in relation to whom the restriction order is issued; (b) any joi

Section 8 — Designation of appropriate officers to hear appeals

(1) The Commissioner may designate an appropriate officer to hear and determine, in the Commissioner’s place, any appeals or a specific appeal under section 7. (2) Upon a designation under subsection (1), any reference in section 7 to the C

Section 9 — Immunity for complying with restriction orders

(1) No criminal or civil liability is to be incurred by —(a) a bank; or (b) an officer, employee or agent of a bank, for anything done or omitted to be done with reasonable care and in good faith in complying with any restriction order or i

Section 10 — Amendment of Schedule

The Minister may, by order in the Gazette, amend the Schedule.

Section 11 — Regulations

(1) The Minister may make regulations —(a) to prescribe anything that is required or permitted to be prescribed by this Act; and (b) generally for the purposes of this Act. (2) Without limiting subsection (1), regulations may provide for —(