1、Balancing Innovation&RegulationInsights from SFF 2022Balancing Innovation&Regulation-Insights from SFF 20222While recent estimates can range,it is likely that more than 50%of South-East Asia alone remains under or unbanked.These solutions have the potential to plug that gap by providing access to cr

2、edit,an often-cited determinant to improving eventual outcomes for economically active individuals.We have also expended significant effort in leveraging FinTech to further develop environmental solutions.Project Greenprint is a step towards expanding the Green Finance agenda and we expect our partn

3、erships across industry participants will result in a more robust and trusted system by which to track ESG data.This is essential to mobilising and directing capital towards sustainable business models across all industries.In doing so,we hope to play our part in arresting climate change the way we

4、know best.Successfully navigating the interplay between regulation and innovation will require regulators to be more hands on while rethinking and dynamically augmenting their existing knowledge frameworks much like what weve done here at the MAS.It is equally important to have clear use cases and g

5、oals for new financial technologies.Undoubtedly,this implies that one must keep an open mind with how these goals are achieved,especially as systems today become increasingly complex.Sopnendu Mohanty Chief FinTech Officer,MAS Chairman of the Board,ElevandiForewordThis Singapore FinTech Festival(SFF)

6、serves as an example of the Monetary Authority of Singapore(MAS)proactive and collaborative approach to regulation,where all participants can learn from the experience of thought leaders in this burgeoning sector while also gathering insights to the direction that both regulation and the underlying