The Central Bank of the UAE and the Monetary Authority of Singapore discussed expanding cooperation on digital payments, cross-border settlement and green finance during a bilateral meeting alongside the 2026 Annual Meetings of the International Monetary Fund and the World Bank Group in Bangkok. Potential areas of collaboration include central bank digital currencies, cross-border trade and settlements, QR code payments, and the management of climate-related financial risks. The discussions build on a memorandum of understanding signed by the two authorities in 2009, with closer cooperation intended to support trade and investment flows between the United Arab Emirates and Singapore.
Central Bank of the UAE and Monetary Authority of Singapore discuss deeper cooperation on digital payments and green finance
The Central Bank of the UAE and the Monetary Authority of Singapore discussed expanding cooperation on central bank digital currencies, cross-border settlements and QR code payments. They also considered collaboration on green finance and climate-related financial risks, building on their 2009 memorandum of understanding.