The Monetary Authority of Singapore plans to become the world’s leading technology driven central bank

Singapore is famous globally for its enthusiasm for technology and for pushing the envelope in this area. The Monetary Authority of Singapore very much follows in that tradition and is a pioneer in the use of supervisory technology (SupTech).  It has a raft of projects designed to turn itself into the most advanced technology driven central bank in the world as it steadily digitises many of its functions. These range from fundamentally rethinking how data is harvested from financial firms and analysed for important insights through to detecting and disrupting money laundering activities.  In this episode, Vincent Loy, Assistant Managing Director (Technology) at the Monetary Authority of Singapore discusses these various projects and their aims.   See acast.com/privacy for privacy and opt-out information.

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This is a series of regular podcasts about financial regulation brought to you by Global Risk Regulator, a Financial Times publication. These podcasts involve discussions with industry experts who share their insights on the latest trends in prudential, markets and conduct regulation.