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Sustainable Finance and FinTech

The United Kingdom and Singapore have reaffirmed their commitment to advancing sustainable finance and fintech innovation during the 9th UK-Singapore Financial Dialogue. Key outcomes include collaborative efforts to scale transition finance, the adoption of International Sustainability Standards Board (ISSB) standards for consistent sustainability disclosures, and initiatives to mobilize private capital for green infrastructure projects in Asia. The dialogue also addressed fintech advancements, focusing on artificial intelligence, cryptoassets, central bank digital currencies (CBDCs), and tokenization. Both nations emphasized the importance of enhancing cross-border payment connectivity and addressing risks in the non-bank financial intermediation (NBFI) sector, demonstrating a shared vision for a sustainable and innovative financial future.

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