--- title: Australia and Singapore Form FinTech Bridge description: The agreement aims to strengthen cooperation between the fintech ecosystems of both countries. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/sydney-opera-house-australia-54610-May-12-2022-09-26-27-96-AM.jpeg --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/australia-and-singapore-form-fintech-bridge#popup-newsletter) #### Want the latest news on securities markets -- FREE? Sign up to receive exclusive articles on topics including: - Equity market structure - Profiles of buy-side investment firms - The evolution of multi-asset-class trading - Regulation and its implications for markets - The search for liquidity in fixed income markets - The convergence of fintech and capital markets Select one or more newsletters you would like to receive: menu [![Markerts media](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/header%20logo.svg "Markerts media")](https://articles.marketsmedia.com/) - [Fintech](https://articles.marketsmedia.com/tag/fintech) - Fintech - Australia and Singapore Form FinTech Bridge Search - [Home](https://articles.marketsmedia.com/) - [Trending](https://articles.marketsmedia.com/tag/trending) - [Featured](https://articles.marketsmedia.com/tag/daily-email-feature) - [Sectors](https://articles.marketsmedia.com/tag/sectors) - [From The Markets](https://articles.marketsmedia.com/tag/from-the-markets) - [AWARDS](https://articles.marketsmedia.com/tag/events) - [Newsletter](https://awards.marketsmedia.com/newsletter-sign-up) - [Newsletter](https://articles.marketsmedia.com/australia-and-singapore-form-fintech-bridge#popup-newsletter) Hide search Search - NewsLetter ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/trading-up-occ-iex-select-board-members-citadel-lands-lieblich-573x379-Jul-07-2022-09-34-11-57-AM.jpg) [ON THE MOVE: Citi Hires Artie Ambrose;...](https://articles.marketsmedia.com/on-the-move-citi-hires-artie-ambrose-natalie-a-brown-to-mesirow) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_445735906_L.jpg) [Trading Adapts to ESG and Sustainable...](https://articles.marketsmedia.com/trading-adapts-to-esg-and-sustainable-investing) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/iStock-917493152-Jul-07-2022-09-34-19-09-AM.jpg) [Focus on FX Execution Connectivity](https://articles.marketsmedia.com/focus-on-fx-execution-connectivity) ![](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/Depositphotos_333839538_L.jpg) [TRACE Turns 20](https://articles.marketsmedia.com/trace-turns-20) 04.13.2022 By Shanny Basar Fintech # Australia and Singapore Form FinTech Bridge 04.13.2022 By Shanny Basar ![Australia and Singapore Form FinTech Bridge](https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/sydney-opera-house-australia-54610-May-12-2022-09-26-27-96-AM.jpeg) [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/australia-and-singapore-form-fintech-bridge) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/australia-and-singapore-form-fintech-bridge) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/australia-and-singapore-form-fintech-bridge) Australia Treasury and the Monetary Authority of Singapore (MAS) have signed the Australia-Singapore FinTech Bridge Agreement to strengthen cooperation between the FinTech ecosystems of both countries. The commencement of discussions to develop the FinTech Bridge was announced in June 2021, when Australian Prime Minister Scott Morrison met with Singapore Prime Minister Lee Hsien Loong. The FinTech Bridge aims to build on the overarching framework for digital economy cooperation under the Australia-Singapore Digital Economy Agreement (DEA) to deepen collaboration between the FinTech ecosystems of both countries. The FinTech Bridge will support both FinTech ecosystems now and in the future, with both the Australia Treasury and the MAS committed to ensuring that it will be a living agreement. The Australia-Singapore FinTech Bridge sets out a framework for both authorities to: - deepen bilateral and multilateral cooperation on FinTech, to facilitate trade, investment and ecosystem development in the FinTech sector; - support the mutual establishment of FinTechs looking to expand in each other’s markets, and to encourage FinTechs to use the facilities and assistance available to explore new business opportunities and reduce barriers to entry; - build on current engagementsto strengthen linkages between Australia and Singapore for policy officials, regulators, and industry groups; and to work together to share FinTech expertise and encourage the development of new opportunities; and - explore joint innovation projects on emerging issues in FinTech to help the industry navigate through a constantly evolving space, to share information on emerging market trends, and to learn from the experiences in each jurisdiction. This includes collaboration in areas such as blockchain and distributed ledger technology, digital identities, cross-border data connectivity, data portability, and the application of FinTech to promote sustainable finance. The FinTech Bridge agreement continues the long history of forging ground-breaking trade agreements between Australia and Singapore, and follows the signing of the Australia-Singapore DEA in 2020. Such agreements help our businesses to seize local, regional and global opportunities arising from the digital boom that is crossing borders, reshaping industries, and transforming economies in the region. Source: Australia Treasury [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/australia-and-singapore-form-fintech-bridge) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/australia-and-singapore-form-fintech-bridge) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/australia-and-singapore-form-fintech-bridge) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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