Updates on Singapore's FinTech Regulatory Sandbox – 30 applications received, first graduation in August 2017

One applicant, which uses OCR technology and analytics to help customers manage their insurance policies digitally, graduated from the sandbox in August 2017.
Singapore striving for domestic and regional e-payments interconnectivity

Tie-ups to enable cross-border payments with India and China and PayNow to be extended to businesses around middle of 2018
Shanghai investing in world-class facilities for testing of autonomous vehicles

The city has also committed to establishing a more
standardised legal and regulatory system.
MAS sets goal to make all data requests to financial institutions in machine readable templates

MAS is looking to move away from manual processing
and duplication of data to a seamless flow of data from institutions to MAS’s
supervisory dashboards
MAS seeks to strengthen financial sector cybersecurity through collaboration with FS-ISAC and ABS

These include the launch of the regional centre for FS-ISAC
in Singapore and partnering with ABS to review Technology Risk Management
Guidelines and establish
guidelines for “red-teaming”.
MAS and MIT Media Lab to collaborate in FinTech R & D

“The intersection of Distributed Ledger
Technology (DLT) and other related technology areas such as quantum computing
and new methods of cryptography will help to bring about the next wave of
innovation.”
EXCLUSIVE – A collaborative approach to digital transformation across public sector administrations in Catalonia

The government administrations in Catalonia are AOC’s clients but at the same time, they are also AOC’s stakeholders and are represented in AOC’s executive committee.