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MAS and Indonesian Financial Services Authority Renew MOU on Fintech Collaboration
Source: The Edge Malaysia
The Monetary Authority of Singapore (MAS) and the Otoritas Jasa Keuangan (OJK) have signed a memorandum of understanding (MOU) on cooperation in financial technology, building on an existing MOU signed in 2018. The Singapore regulatory watchdog and the Indonesian financial services authority renewed their commitment to deepening collaboration in fintech at a bilateral meeting on Nov 10.
The partnership will help financial institutions and fintech firms from both countries tap into opportunities in fintech developments including digital financial assets, artificial intelligence in financial services, among others.
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