New Australia-Singapore link gives fintech innovation a lift
Singapore and Australia have agreed to aid innovation by allowing their fintech companies to open talks with potential customers in each other's countries, but companies should educate themselves on new technology before talking to fintechs, warned experts.
The Monetary Authority of Singapore (MAS) has signed an agreement with the Australian Securities and Investments Commission (ASIC) that will support their respective fintech companies in establishing footholds in each nation. The Innovation Functions Cooperation Agreement, signed on June 16, will enable fintechs in each country to open dialogues in the other and receive advice, which will remove regulatory uncertainty and time to market, MAS said.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to CorporateTreasurer.
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
If you are a treasurer, CFO or senior professional at a corporate or SME, please register for free VIP access here.
Questions?
See here for more information on licences and prices, or contact [email protected].
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
