Singapore: MAS announcement on establishing the Global Finance and Technology Network (GFTN)
Progress
Current status
adopted
30 Oct 2024 adopted
Scope
Implementers
Singapore
Policy Area
Instrument unspecified
Policy Instrument
Instrument unspecified
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Established Global Finance and Technology Network (GFTN) catalysing FinTech collaboration framework
On 30 October 2024, the Monetary Authority of Singapore (MAS) announced the establishment of the Global Finance and Technology Network (GFTN), which will replace Elevandi, a non-profit organisation previously established by MAS to foster connections…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank