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Jun 15, 2017

As we continue to see a growth in fintechs offering robo-advisor services to customers in the wealth management space, it is necessary for governments and regulators to modernize their regulatory frameworks. Recent regulatory changes by the Monetary Authority of Singapore (MAS) will make it easy for new firms to offer digital wealth management services and increase Singapore’s attractiveness as a fintech hub. For countries looking to spur innovation in the fintech sector, regulatory change is one lever to encourage greater investment and activity in this space.