COOPERATION ARRANGEMENTSeptember 13th, 2018
FiledSeptember 13th, 2018In view of emerging technology in financial markets and services, the United States Commodity Futures Trading Commission and the Monetary Authority of Singapore (jointly, the “Authorities”) have reached this cooperation arrangement (“Arrangement”) in order to enhance mutual understanding, identify market developments and trends, facilitate innovation with respect to financial technology (“FinTech”), and foster the use of technology for more effective and efficient regulation and oversight of financial markets and participants (“RegTech”). The Authorities express, through this Arrangement, their willingness to cooperate and share information in the interest of fulfilling their respective regulatory mandates and advancing the understanding, utilization, and advancement of FinTech and RegTech in the United States and Singapore.