Daily Debrief: What Happened Today

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MAS studying virtual bank licensing regime for fintech firms,IMDA seeks public feedback on 5G network rollout at

Responding to a query from The Business Times on whether Singapore will offer virtual bank licences, an MAS spokesman said MAS has been reviewing how digital-only banks with a "non-bank" parentage can offer value, and how potential risks will be managed and

contained.RESPONDING to a query from The Business Times on whether Singapore will offer virtual bank licences, an MAS spokesman said MAS has been reviewing how digital-only banks with a"non-bank" parentage can offer value, and how potential risks will be managed and contained.

 

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