Singapore’s Fintech Strategy Is Evolving, Central Bank Chief Says

Singapore’s vision and strategy for developing financial technology is evolving with rapid technological and industry changes, Monetary Authority of Singapore chief Ravi Menon said, as the regulator prepares for its second FinTech Festival next week.

"What we know now is different from what we knew a year ago" when the MAS held the inaugural festival, Menon told Bloomberg News in an October interview. "So you will see an evolution in our fintech thinking, be it on regulation, be it on data analytics and some of the things that we are doing.”