The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, has now entered a FinTech partnership with its Japanese counterpart, the Financial Services Agency (FSA). The move sees the two countries to establish a FinTech cooperation framework.
Announced yesterday, the financial regulators from the two major Asian economic hubs have fundamentally reduced the barriers for entry of FinTech companies in their countries enter each other’s markets.
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