Japan and Singapore agree regulatory fast-tracking of fintech companies
“Framework agreement” also provides for information-sharing on fintech innovations
The financial regulators of Japan and Singapore have signed a “co-operation framework” for regulating financial technology, they announced on March 13.
The agreement allows for information-sharing on relevant issues and also the regulatory fast-tracking of fintech companies between Japan’s Financial Services Authority (FSA) and the Monetary Authority of Singapore (MAS).
The two authorities issued a joint statement saying the agreement would allow them to “refer fintech companies in their
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