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Fintech Market Overview

This article does not constitute legal advice.

Artificial intelligence in financial products

Fintech Software

Some fintech products and services that are relatively new in Singapore include various products built in reliance on blockchain, products that purport to have deep or self-learning or AI aspects, and alternative authentication methods (replacing hardware security tokens). The regulatory and legal issues that they raise are dependent on the precise scope of the product or service being offered as well as the method through which the product is made available to the market. As an example, some products are developed for provision to 'traditional' financial institutions, where that financial institution maintains the client relationship. With this model, different MAS requirements may be relevant; for example, the fintech company may wish to engage the financial institution on the basis that its solution is compliant with the Guidelines on Outsourcing.1

Data protection in Singapore

Fintech in Singapore

Fintech in other countries

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Singapore Fintech Lawyers

Denis Polyakov

Denis Polyakov

Comprehensive legal services for businesses on corporate, tax law, cryptocurrency legislation, investment activities

Notes
  1. https://thelawreviews.co.uk/title/the-financial-technology-law-review/singapore
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