Ravi Menon, managing director of the Monetary Authority of Singapore, pictured after an interview at the central bank‘s headquarters on Tuesday. Photo: Bloomberg
Ravi Menon, managing director of the Monetary Authority of Singapore, pictured after an interview at the central bank‘s headquarters on Tuesday. Photo: Bloomberg
Singapore

Singapore sticks to digital banking plans despite China, US clampdowns

  • Regulatory tightening in China ‘will not have an impact’ on licence awards in the city state, said the Monetary Authority of Singapore’s Ravi Menon
  • The permits are much coveted given the city’s status as a regional financial hub and rapidly growing wealth management centre

Ravi Menon, managing director of the Monetary Authority of Singapore, pictured after an interview at the central bank‘s headquarters on Tuesday. Photo: Bloomberg
Ravi Menon, managing director of the Monetary Authority of Singapore, pictured after an interview at the central bank‘s headquarters on Tuesday. Photo: Bloomberg
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