Federal Councillor Ueli Maurer, together with a financial sector delegation, will attend the highly anticipated Singapore Fintech Festival on the 7th and 8th November 2021.

In his speech at the opening of this year’s Singapore Fintech Festival, Federal Councillor Ueli Maurer will highlight Switzerland’s advantages as a location for digital financial services.

A statement by the Swiss Federal Council highlighted that Switzerland combines established strengths such as trust and security with an openness for new technological developments.

Federal Councillor Maurer will be accompanied by a delegation of high-ranking representatives of the Swiss financial sector.

While in Singapore, Federal Councillor Maurer will additionally meet with Deputy Prime Minister Heng Swee Keat, Lawrence Wong who is the Minister for Finance as well as MAS’ Chairman Tharman Shanmugaratnam.

The exchange will focus on enhanced cooperation between the two countries both in the area of digital and sustainable financial services and in international financial and tax bodies.

The future organisation of a Europe-Asia Fintech Forum in Switzerland in cooperation with the Singapore Fintech Festival will likewise be discussed.

According to the statement,

“Switzerland will also be present at the Singapore Fintech Festival with a virtual pavilion, where Swiss fintech companies will be able to present themselves to international specialists under the auspices of Switzerland Global Enterprise.”