"Moomoo, Tiger Brokers, and Longbridge users in Singapore are not withdrawing funds despite parent companies facing fines in China. The Monetary Authority of Singapore (MAS) confirmed that Singapore entities are financially independent and regulated locally. Client assets in Singapore are held in trust or custody accounts, segregated from the brokerages' own funds. Analysts suggest the crackdown is focused on capital controls for mainland Chinese investors, not affecting Singaporean operations."