Inaugural Singapore-Shanghai financial forum held to foster partnership

MAS deputy managing director Jacqueline Loh speaking at the inaugural Singapore-Shanghai Financial Forum at the Marina Orchard Hotel on Nov 17, 2015. PHOTO: MONETARY AUTHORITY OF SINGAPORE

SINGAPORE - Financial industry experts from Singapore and Shanghai met here on Tuesday (Nov 17) to exchange views and explore strategic partnerships.

This is the first year the Monetary Authority of Singapore (MAS) and Shanghai Municipal Financial Services Office is holding the one-day forum.

"As a leading financial centre in China, Shanghai plays an instrumental role in piloting financial reforms and expanding network of linkages with international financial markets," said MAS deputy managing director Jacqueline Loh at her opening address.

"There is great potential for Singapore to partner with Shanghai to develop our financial centres and contribute to the growth of the broader Asian financial markets," she added.

The forum will discuss topics such as the latest developments in the pilot free trade zone in Shanghai, China's "One Belt, One Road" growth strategy, future growth of offshore yuan makets, asset securitisation, technology and innovation in financial services.

kohping@sph.com.sg

Join ST's Telegram channel and get the latest breaking news delivered to you.