SG, UK boost cooperation in sustainable finance and fintech

The countries will cooperate on seven key areas.

Singapore and the United Kingdom have agreed to further collaborate on joint projects in the areas of sustainable finance and fintech and innovation.

As partners, SG and the UK will develop approaches that facilitate and scale financing to support the transition of economies to net zero.

Both parties also reaffirmed the need to deepen the understanding of nature and biodiversity loss and its impact on the financial sector by welcoming an upcoming joint research project on nature-related financial risks in Southeast Asia involving the University of Cambridge Institute for Sustainability Leadership (CISL) and the Singapore Green Finance Centre.

On fintech and innovation, the parties have agreed to contribute to efforts to develop global regulatory standards for crypto and digital assets as part of international standard-setting bodies such as IOSCO, and working groups under the Financial Stability Board (FSB).

Other areas in the fintech and innovation space which the two countries plan to collaborate on are Central Bank Digital Currency (CBDC), Project Guardian, and e-wallets.

Follow the link for more news on

MAS

Also Read

iFAST Corp net profit leaps nearly five times over in Q1

Fullerton Fund Mgmt, UNDP working on sustainable management framework

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit