Roundtable: Singapore-UK Collaboration in the Future of Financial Services, Skills and Digital Innovation
Asia House, in partnership with Prudential, is hosting a roundtable discussion exploring collaboration between Singapore and the UK on digital innovation and skills.
Sopnendu Mohanty, Chief FinTech Officer, Monetary Authority of Singapore (MAS)
Wilfred Blackburn, CEO & Director of the Board, Prudential Assurance Company Singapore
According to the Z/Yen Global Financial Centers Index published last September, London is the world’s top financial centre, while Singapore – at 4th place – is a close rival. Both cities are global financial services hubs that constantly seek to innovate and stay on top of an industry in the midst of disruption, from the growing importance of FinTech to a general slowdown in economic growth.
The Singapore and UK governments have committed to the development of robust ecosystems that support the needs of the financial industry and promote innovation in their respective markets. This includes creating positive institutional and regulatory environments, ensuring the availability of skilled workers, and managing the risks of cybersecurity.
A major milestone for the FinTech industry in both countries was the forging of the ‘FinTech Bridge’ in 2016, a regulatory cooperation agreement on sharing and using information on financial services innovation in their respective markets.
Given the synergies, what other areas of collaboration can Singapore and the UK pursue to nurture the kind of technological innovation necessary to maintain and advance their status as leaders in this sector? How can Singapore and the UK continue to attract skilled talent and remain as hubs for creative thinking and business activity?
These questions will inform a roundtable discussion at Asia House, in partnership with Prudential, on 22 March.
To register your interest in attending this event, please e-mail Aini Abdullah, Business and Policy Programme Assistant: email@example.com