ABS has several Standing Committees to oversee and advise on a wide range of commercial banking and investment banking issues. Each Standing Committee is headed by a Council Bank representative who is Head of a Business Unit or has a Service Function. These Standing Committees aim to drive and provide strategic direction for the different areas of banking within their ambit of responsibility.

Currently, these Standing Committees, working groups and task forces are facilitated by ABS:

1. ABS Single Operator (Utility) Oversight Committee
2. Common Connectivity Platform Steering Committee
3. Culture and Conduct Steering Group
4. eGIRO Steering Committee
5. eGuarantee Taskforce
6. Exercise Raffles VII Steering Committee
7. FIDO Steering Committee and Workstream
8. MAS-ABS Steering Committee for Governance of PayNow Cross-Border Payment Linkages
9. National Digital Identity (NDI) Workgroup
10. Outsourcing Advisory Committee
11. PayNow Steering Committee
12. SGFinDex Banking Steering Group
13. Singapore Payments Network (SPaN) - Pro-Tem Committee
14. Standing Committee on Business Resilience and Continuity
15. Standing Committee on Consumer Banking
16. Standing Committee on Corporate Finance
17. Standing Committee on Covered Bonds
18. Standing Committee on Cyber Security
19. Standing Committee on Data Management
20. Standing Committee on Debt Capital Markets
21. Standing Committee on Digitalisation
22. Standing Committee on Financial Markets
23. Standing Committee on Fraud
24. Standing Committee on Human Resource
25. Standing Committee on Legal Matters
26. Standing Committee on Physical Security
27. Standing Committee on Responsible Financing
28. Standing Committee on Self-Governance and Compliance
29. Standing Committee on Tax
30. Standing Committee on Technology Risk and Resilience
31. Standing Committee on Trade Services and Guarantees Processing
32. Sunsetting Cheques Workgroup
33. Trade Finance Registry Steering Committee
34. ASEAN Banking Council