Kazakhstan

Singapore and Kazahkstan Signed an Agreement to Boost Fintech Innovations

While not often said in the same sentence, Singapore and Kazakshtan have inked a Cooperation Agreement for increased fintech collaborations in earnest.

The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS) have signed a tripartite Cooperation Agreement. The tripartriate agreement provides a framework for cooperation between AFSA, AIFCA and MAS in fintech innovation, allowing the three authorities to explore joint participation in innovative projects and sharing of information on innovation in their respective markets.

The Cooperation Agreement was signed by Mukhtar Bubeyev, Acting Chief Executive Officer of the AFSA, Nurlan Kussainov, Chief Executive Officer of the AIFCA, and Sopnendu Mohanty, Chief FinTech Officer of MAS.