Singapore financial regulator issues guidance on application of securities laws to digital token offerings
Digital token offerins may be regulated if the digital tokens are capital markets products under existing laws. Even otherwise, they may be subject to other legislation for combating money laundering and terrorism financing.
Growth is supported by strong demand from manufacturers, tax
and non-tax investment incentives and educational institutions conducting
R&D and training manpower.
The authorities will work on FinTech projects together, such
as facilitating faster cross-border payments and streamlining “know-your-client”
agreement signifies MAS and KNF’s commitment to accelerate the growth of
FinTech in our respective regions, through collaboration and exchanges between
“This central database will continue to grow and
we hope to include every country that the World Intellectual Property
Organization works with.”
IFC, MAS and ASEAN Bankers Association introduce Industry FinTech Sandbox as part of ASEAN Financial Innovation Network
Institutions from several countries, including Philippines,
Myanmar, Vietnam, Bangladesh and Indonesia have signaled their intent to
participate in a pilot phase.
Discussion on regulatory insights and the value of regulatory sandboxes at the Singapore International FinTech Festival 2017
Successful FinTechs passing through any sandbox are those that scale quickly, are able to provide the market with financial
inclusion and solve problems.
Around 10 years ago, genome data acquisition costs started dropping even faster than Moore’s law; in other words, sequencing is progressing at a hyper-Moore rate.
Documents include the accreditation of providers, privacy,
security, risk and fraud management requirements, as well as standards for
usability and accessibility.
Round Two of the AU$50 million Smart Cities and
Suburbs Program is expected to open in the first half of 2018.