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StanChart Singapore gets boost in presence with FTA backing

Privileges under EU-Singapore FTA give it more places of business as first Significantly Rooted Foreign Bank

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The awarding of privileges to StanChart Singapore comes as MAS says it will look to enhance the SRFB framework, which includes being able to set up a separate subsidiary to house a digital-only bank.

Singapore

A RECENT free trade agreement between the European Union and Singapore has paved the way for Standard Chartered Bank Singapore to raise its presence in the Republic - and possibly in time, on the digital front in the same way the Singapore banks can.

StanChart Singapore...

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