Policy paper

UK-Singapore Financial Partnership

At the 6th Annual Financial Dialogue, the UK and Singapore agreed a new partnership on financial services.

• From: HM Treasury
• Published: 30 June 2021

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Joint Statement on UK-Singapore 6th Annual Financial Dialogue

HTML

Memorandum of Understanding Between Her Majesty’s Treasury and The Monetary Authority of Singapore on Financial Services Regulatory Cooperation

PDF, 187 KB, 6 pages

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Details

On 30 June 2021, the UK (virtually) hosted Singapore for the 6th Annual Financial Dialogue.

At the Dialogue, the Chancellor of the Exchequer, Rishi Sunak, and Senior Minister and Chairman of the Monetary Authority of Singapore (MAS) Tharman Shanmugaratnam agreed a new Financial Partnership.

The Partnership is underpinned by a Regulatory Cooperation Memorandum of Understanding (MoU) which will facilitate closer cooperation, greater information sharing and opportunities to boost trade and investment.

The UK and Singapore also discussed wider areas for future collaboration, including on Green Finance and FinTech. The Joint Statement sets out further details on the discussions.

Published 30 June 2021