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Payments General

Singapore and Lithuania regulators sign fintech agreement

Friday 16 March 2018 | 12:50 PM CET

The Monetary Authority of Singapore (MAS) and the Bank of Lithuania have signed an agreement to bolster fintech ties between the two jurisdictions.

Under the agreement, the two regulators will support fintech companies in each other’s markets in gaining better insight on their regulatory regime.

The agreement will also enable the watchdogs to explore joint innovation projects as well as exchange information on emerging market trends.

MAS has inked fintech agreements with several other regulators in the recent times, the most recent being the one signed with the Central Bank of Egypt.

More: Link
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