��ý is a Magnet for FinTech Companies

Episode 11: Why ��ý is a Magnet for FinTech Companies

In this final episode, we partner with RHTLaw Asia to discuss one of the sought-after industries in ��ý right now – FINTECH! Tune in and hear CH’NG Li Ling share about how the financial services industry is being rapidly transformed by technology and why ��ý has quickly become a magnet for huge FinTech companies.

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00:01 Introduction about InCorp Global by COO Alton Neo & CBDO Eric Chin
00:25 Episode 11 introduction about RHTLaw Asia, and FinTech in ��ý
01:04 Introduction by RHTLaw Asia Partner: Ms. CH’NG Li Ling
02:01 What are the main reasons why ��ý has been a magnet for many of FinTech firms in the financial sectors and ePayment space?
02:40 ��ý Government Pro-business legal regulations, licensing, tax policies and initiatives in financial services
04:40 ��ý’s Variable Capital Company (VCC) fund structures and wealth management
05:21 VCC Act, Family Office Structures and Asset Wealth Management policies by MAS (Monetary Authority of ��ý)
08:50 Single Family Offices (SFO), VCC and Payment Services Act
10:20 Payment Services Act and FinTech operation licensing requirements
13:50 MAS regulations and licenses for FinTech business setup operations
14:07 Process stages for Payment Services Act licenses applications
16:47 Estimated Timeline for FinTech business licenses applications
18:37 What companies can do before and pending MAS application process
19:55 Thank you RHT Law and ending summary wrap up by InCorp