UK and Singapore Hold 11th Financial Dialogue, Aligning on Digital Finance, Tokenisation and Capital Markets
SINGAPORE — The United Kingdom and Singapore held their 11th Financial Dialogue in Singapore on October 20, covering digital finance and innovation, capital markets, sustainable finance, and regional and multilateral initiatives. The Monetary Authority of Singapore (MAS) said the meeting reaffirmed the strong, longstanding partnership between the two financial hubs.
On digital finance, the two sides exchanged views on digital assets, super intelligence and quantum technologies. Singapore highlighted Project Guardian, BLOOM and Global Layer One (GL1), while the UK shared updates on its Wholesale Financial Markets Digital Strategy and Digital Securities Sandbox. They also discussed the implications of digital money for wholesale markets and institutional settlement, and measures for the safe use of SI, including Singapore's SAFR framework and the UK's SI Adoption Plan for Financial Services.
In capital markets, the UK shared updates on its reforms and Singapore discussed measures to enhance its equities market. On sustainable finance, the UK presented its Transition Finance Pilot, while Singapore shared experience with its Financial Sector Carbon Market Grant and revisions to the Singapore-Asia Taxonomy.
Looking ahead, the UK will assume the G20 Presidency in 2027 and Singapore will chair ASEAN. A UK-Singapore business roundtable follows on October 21, and the 12th dialogue is scheduled to be hosted by the UK in 2027.
Source: GSM · USA (original Chinese edition)
Photo: 新加坡滨海湾黄昏。图片：© Benh LIEU SONG / CC BY-SA 4.0，Wikimedia Commons
