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This technical note examines the implications of fintech for the regulation and supervision of the Singaporean … financial services sector. It provides an overview of the financial system with a focus on fintech developments. The note looks … at not only fintech developments but also the institutional setup as well as Monetary Authority of Singapore's (MAS …
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"For central bank digital currencies (CBDCs) to improve cross-border payments, central banks must make fundamental decisions on foreign access and how CBDCs connect across jurisdictions. These decisions must be made at an early stage and international cooperation and coordination are...
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The purpose of the missions of Phase I was to develop a functional central bank, including establishing a modern banking supervisory regime. Especially, MCM provided TA missions under the Phase I that have focused on operationalizing banking license capacity, development of on and offsite...
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he Hong Kong Special Administrative Region (HKSAR) is among the world's major fintech hubs, well positioned to develop … fintech initiatives from its traditional strengths in financial services. Key factors enabling the HKSAR to emerge as a … fintech hub include its presence as an international financial center, its free-flowing talent and capital, a highly developed …
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