The Enforcement Department upholds the integrity of Singapore’s financial markets by deterring unlawful and improper conduct through effective surveillance and enforcement. It carries out enforcement functions across the banking, insurance, capital markets and other sectors regulated by MAS, employing digital forensics, market surveillance and data analytics to support such work. Offences under the Securities and Futures Act and the Financial Advisers Act may be jointly investigated with the Commercial Affairs Department. The Enforcement Department is also actively involved in international work through the International Organisation of Securities Commissions (IOSCO), specifically through providing assistance to overseas regulators and representing MAS in the IOSCO Screening Group and Committee 4 (on Enforcement and Exchange of Information).