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VIRUS OUTBREAK

Delay of digibank results due to Covid-19 not a dial back in commitment

Industry players welcome move, noting delay will allow for breathing room to navigate the Covid-19 situation

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MAS says the extension of the assessment period will allow applicants to dedicate their resources towards managing Covid-19.

Singapore

PUSHING back the digital banking timeline is not a signal that Singapore is dialling back its ambitions on this front. Instead, it is giving contenders some breathing room to navigate the virus outbreak situation, said industry players.

This is in response to the Monetary...

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