Industry Session for the Payment Services Act

14 August 2019 – Singapore FinTech Association, Monetary Authority of Singapore, ACCESS Singapore Cryptocurrency and Blockchain Industry Association, and Linklater jointly organised “Industry Session for the Payment Services Act.”

Over 200 people turned up for the session and gained insights from the following three sessions:

First Session: Payment Services Act 101
Linklaters will give an overview of the Payment Services Act 2019, with focus on the regulation of Digital Payment Token services and Anti-Money Laundering measures under the Act.
Speakers: Peiying Chua and Gurjoth Kaur (Linklaters)

Second Session: Payment Services Act – Are you ready for it?
Industry experts will discuss practical challenges and lessons learned as they prepare their firms for the implementation of the Payment Services Act.
Moderator: Teddy Tang (Linklaters)
Participants: Sherry Goh (Luno), Anson Zeall (ACCESS, Coinpip), Vijay Bharadwaj (Instarem), Peiying Chua (Linklaters)

Third Session: MAS’ Q&A Session
Audience members will be given an opportunity to ask the MAS their questions on the Payment Services Act.
Moderator: Natalie Lye (Linklaters)
MAS Participants: Jo Yeo (Project Director for the Payment Services Act), Alvin Koh (Deputy Director and Specialist Leader of the AML Policy Division), Ben Ong (Deputy Director, Payments Supervision Office)


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