Page 66 - 期货和衍生品行业监管动态（2022年11月）

期货和衍生品行业监管动态

Sustainability Leadership (CISL) and the Singapore Green Finance Centre,
co-managed by Imperial College Business School and Singapore

Management University (SMU).

FinTech and Innovation: The UK and Singapore exchanged views on recent

developments in the FinTech sector, including in relation to crypto-assets, and agreed

on a number of priority areas for further co-operation.

a. Crypto-assets sector – Both countries shared their latest

assessments of market developments, opportunities, trends, and longer-term

expectations for the crypto-assets sector. They also discussed risks and

challenges relating to financial stability, regulatory arbitrage, and shared their

progress in strengthening rules on consumer protection and developing the

regulation of stablecoins. There was strong agreement on the need to support
the safe development of a digital assets ecosystem while ensuring that risks

posed by digital assets are consistently managed. Both countries will

continue to actively participate in the shaping of robust global regulatory

practices through engagement within international multilateral fora such as

the Financial Stability Board (FSB), the Committee on Payments and Market

Infrastructures (CPMI) and IOSCO.

b. E-wallets and digital banking – Singapore provided updates on

the progress of its review of e-wallet caps and expected next steps. Both

countries discussed the recently released consultation, with the UK providing

views on the key proposals. Singapore also updated on the new digital banks

that recently launched their operations in Singapore.

The two countries agreed to a roadmap for engagements in sustainable finance,

FinTech and innovation, and other areas of mutual interest, leading up to the next
Dialogue scheduled to take place in London in 2023.

The UK and Singapore discussed their latest analysis of financial market

s
developments and economic outlook, including how Russia’ invasion of Ukraine has

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