The Monetary Authority of Singapore (MAS) has signed a memorandum of understanding (MoU) with Indonesia’s Financial Services Authority, Otoritas Jasa Keuangan (OJK), in a bid to strengthen collaboration between and foster innovation in the fintech industries of the two jurisdictions. Ravi Menon, MAS’s managing director, and Wimboh Santoso, chairman of OJK, signed the agreement during the Indonesia-Singapore Leaders’ Retreat in…

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