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MAS and FINMA to extend cooperation into fintech space

Swiss and Singaporean watchdogs have inked an agreement that will see them cooperate on fintech-related matters, in a bid to “reduce regulatory uncertainty and the time-to-market for… new solutions”. The Swiss Financial Market Supervisory Authority (FINMA) and the Monetary Authority of Singapore have agreed to work closer in four main areas as outlined in the agreement: (i) information sharing regarding regulatory and…

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