News Asia14 Nov 2017

Singapore:MAS to speed up sandbox assessment for FinTech firms

14 Nov 2017

The Monetary Authority of Singapore (MAS) will expedite its sandbox application assessment so that FinTech firms can test and launch their innovative solutions faster. MAS will also further loosen the regulatory boundaries for sandbox cases where the risks do not outweigh the potential benefits of the solution to consumers, said Mr Ong Ye Kung, Minister for Education (Higher Education and Skills) and Second Minister for Defence, at the welcome dinner last year for the 2017 Singapore FinTech Festival.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

Error : Object reference not set to an instance of an object.

Recent Comments

Other News

Follow Asia Insurance Review