Australia: Announced Australia-Singapore FinTech Bridge negotiations
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Description
Announced Australia-Singapore FinTech Bridge negotiations
On 10 June 2021, the Prime Ministers of Australia and Singapore jointly announced the commencement of negotiations on an Australia-Singapore FinTech Bridge agreement. Under the agreement, both sides would seek to enhance FinTech regulation, strengthen collaboration on joint projects, and facilitate investment opportunities.
Original sourceScope
Policy Area
Foreign direct investment
Policy Instrument
MNE: Entry and ownership rule
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
bi- or plurilateral agreement
Government Branch
executive
Government Body
central government