Philippines: Philippines-Singapore FinTech Cooperation Agreement
Progress
Current status
in force
08 Nov 2021 adopted
Scope
Implementers
Philippines
Singapore
Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
bi- or plurilateral agreement
Timeline of events
Signed FinTech Cooperation Agreement
On 7 November 2021, the FinTech Cooperation Agreement is signed between the Central Bank of Singapore (MAS) and the Central Bank of the Philippines (BSP). The Agreement aims to further strengthen and facilitate interoperable payments between the two…
SourceEvent type
treaty
Action type
signing
Government branch
executive
Government body
central bank