Singapore and UK launch Financial Partnership for greater cooperation

Singapore

SINGAPORE and the United Kingdom launched a new Financial Partnership at the sixth UK-Singapore Financial Dialogue held virtually on Wednesday.

The Monetary Authority of Singapore (MAS) and HM Treasury announced in a joint statement that the two countries will explore opportunities for greater financial cooperation to drive new and broader opportunities for financial services trade and cooperation. The potential areas for collaboration include enhanced information sharing, closer cooperation in international fora and regulatory deference.