Insolvency and Cross-border Payment Settlements

Speech by Mr. Louis Ng Kok Kwang, MP for Nee Soon GRC at the Second Reading of the Payment and Settlement Systems (Finality and Netting) (Amendment) Bill [Bill No. 44/2017]   Introduction Sir, I stand in support of this Bill. Given the rapid development in Fintech, we need to ensure our laws and regulations keep up. I have comments and queries on one specific aspect of the Bill and more broadly, to request for an illustration.....

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