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S$35m grant to help smaller financial institutions adopt digital solutions

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Published Mon, Nov 9, 2020 · 09:50 PM

Singapore

THE Monetary Authority of Singapore (MAS) on Monday announced the launch of a S$35 million Productivity Solutions Grant (PSG) to help smaller financial institutions adopt digital solutions for "more streamlined data reporting" to the regulator.

Smaller financial institutions are defined as those with not more than 200 employees, according to MAS.

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Monetary Authority of SingaporeBanks

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