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SC sets up fintech bridges with major financial centres

SC sets up fintech bridges with major financial centres

KUALA LUMPUR (Sept 14): The Securities Commission Malaysia (SC) has set up financial technology (fintech) bridges by signing innovation cooperation agreements with the Hong Kong Securities and Futures Commission, Dubai Financial Services Authority and Monetary Authority of Singapore, to facilitate and regulate innovations emerging in the digital finance industry.

The bridges aim to ensure better information sharing on emerging trends and regulatory developments, SC said in a statement today.

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