Singapore MAS and Malaysia SC Ink Fintech Agreement

[kreslik.news]

Regulators in Singapore and Malaysia are building bridges to assist fintech companies expand abroad. The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) today entered a cooperation agreement to promote innovation in financial services in their respective markets.

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The agreement is aimed at expansion into each other’s markets, and facilitates introductions between fintech firms in each jurisdiction.

In addition, the co-operation framework will enable the regulators to share information about financial services innovations, reduce barriers to ... (read more)