The Monetary Authority of Singapore and Vietnam's State Securities Commission have signed a Letter of Intent to collaborate on capital markets regulation and digital asset oversight. The agreement aims to enhance Vietnam's capacity to develop its digital asset regulatory framework while fostering deeper cooperation between the two financial authorities. The agreement also aligns with the broader strengthening of bilateral economic ties between Singapore and Vietnam. The exchange of the agreement was witnessed by Singapore Prime Minister Lawrence Wong and Vietnam's General Secretary To Lam. Both regulators will share expertise on oversight and the exchange of information on regulatory frameworks, supervisory practices, and anti-money laundering measures. The partnership reflects a shared commitment to market stability and supports fair and transparent financial markets.



Other News from Today