Singapore and Vietnam have reached a cooperation on strengthening capital market regulation and digital asset regulatory framework

According to the official website of the Monetary Authority of Singapore (MAS), the MAS has announced an agreement with Vietnam's State Securities Commission (SSC) today. They will collaborate and build capabilities together to protect the integrity and stability of both countries' capital markets, as well as promote interconnectivity between their markets. Both institutions have agreed to cooperate in capacity building to support the development of Vietnam's digital asset regulatory framework. This Letter of Intent (LOI) will facilitate information sharing between both parties regarding capital market and digital asset regulation, exchange experiences on anti-money laundering and counter-terrorism financing, build capacities, and share experiences and frameworks for capital market and digital asset supervision.