Singapore’s financial regulator will stick with its plans to award digital banking licences by the end of the year, undeterred by tightening scrutiny in China and the US that is hitting major Chinese applicants.“Regulatory tightening that’s happening in China will not have an impact on the digital banks here,” Ravi Menon, managing director of the Monetary Authority of Singapore, said in a recent interview. “It’s not our job to try to guess what the geopolitical situation might be like, what…
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