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FinancialNews
30-08-18
Dubai's DFSA, Singapore's MAS ink partnership deal
(MENAFN) The Dubai Financial Services Authority (DFSA) reportedly inked a partnership agreement with the Monetary Authority of Singapore (MAS).
The partnership between the authorities will see a framework for cooperation and referrals between their innovation teams to be created.
"We are pleased to formalise an agreement with MAS to support the growth of innovation in financial services," as announced DFSA's chief executive Ian Johnston.
The chief added "cooperation between MAS and the DFSA will help create synergies and greater understanding between our two markets and will enable FinTech firms to extend their reach globally."
MENAFN3008201800450000ID1097362916
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