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Singapore, UK agree to strengthen financial market ties

Singapore, UK agree to strengthen financial market ties

(8 September 2017 – Asia) Following the third UK-Singapore Financial Dialogue, the two countries will strengthen collaboration in the financial sector across market access, cybersecurity and fintech.

During the discussions held this week, both sides exchanged views on domestic and international financial market developments and also discussed a broad range of areas including the global economy, regulatory developments, fintech and cyber-security.

The two countries will build on existing partnerships including the UK-Singapore FinTech Bridge to support British and Singaporean firms when they venture into each other's markets.

The dialogue also affirmed support for greater interaction between the financial industry players of both countries.

The dialogue was chaired by Jacqueline Loh, deputy managing director of the Monetary Authority of Singapore (MAS), and Katharine Braddick, Director General (Financial Services) of HM Treasury.

Other notable attendees included British High Commissioner to Singapore, Scott Wightman, and senior officials from MAS, HM Treasury, the Financial Conduct Authority (FCA), Department for International Trade and the Foreign and Commonwealth Office.

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