Singapore: Monetary Authority of Singapore and State Securities Commission of Vietnam adopted declaration on enhancing capital markets regulation and digital asset regulatory framework

On 12 March 2025, the Monetary Authority of Singapore (MAS) and the State Securities Commission of Vietnam (SSC) signed a Letter of Intent (LOI) to enhance cooperation on capital market and digital asset integrity, stability, and connectivity. The LOI focuses on capacity building for Vietnam’s digital asset regulatory framework and applies to capital market participants and digital asset service providers in both countries. It facilitates information sharing on regulatory frameworks, anti-money laundering, counter-terrorism financing, and supervisory practices, aiming to strengthen cross-border market links and promote financial transparency.