The United Kingdom (UK) and Singapore held the 7th UK-Singapore Financial Dialogue in Singapore today. Both countries renewed their commitment to deepening the UK-Singapore Financial Partnership that was agreed in 2021, discussed mutual priorities such as sustainable finance, FinTech and innovation, and agreed on further cooperation in these areas.
FinTech and Innovation
Singapore FinTech Festival
The world's largest FinTech festival for the global FinTech community to connect, collaborate and co-create.
Grants for Innovation
Get funding on proof-of-concepts, hiring, business development and more.
Sandbox relaxes specific regulatory requirements to enable live experiments of innovation within boundaries.
Understand the various initiatives for technology solutions and projects in Green Finance.
Central Bank Digital Currency
Unlocking new possibilities for the future of money and payments via CBDC.
Technological advances and the rapid digitalisation of the economy are unlocking new possibilities for future of financial services, one of which is Digital Assets.
Understand more about MAS' payment initiatives like SGQR, FAST, PayNow and UPOS.
Business sans Borders
A collaborative AI-driven global solutions hub to foster SME digitalisation.
World's first to use a national digital identity and centrally managed online consent system for secure access to financial data from private and public sectors.
MAS has announced a $125 Million support package for the financial and FinTech sectors to deal with the immediate challenges from COVID-19 and position strongly for the recovery and future growth. MAS also launched a $6 Million MAS-SFA-AMTD FinTech Solidarity Grant to help Singapore-based FinTechs sustain operations, retain staff, and offset POC costs.
Bank Indonesia, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, Monetary Authority of Singapore, and Bank of Thailand have agreed to strengthen and enhance cooperation on payment connectivity to support faster, cheaper, more transparent, and more inclusive cross-border payments.
The seventh edition of the Singapore FinTech Festival (SFF), which concluded on 4 November 2022, attracted more than 62,000 participants from over 115 countries. This was the largest SFF gathering since the inaugural edition in 2016.
MAS, Bank of Ghana and Development Bank Ghana signed an MOU to develop the Ghana Integrated Financial Ecosystem (GIFE). The GIFE aims to enhance financial capabilities and access for MSMEs in Ghana and generate greater opportunities for trade and financial services cooperation between Singapore and Ghana.
MAS and the Singapore FinTech Association announced the award winners of the Global FinTech Hackcelerator and the SFF Global FinTech Awards at the Singapore FinTech Festival.