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