The Bank for International Settlements and the Monetary Authority of Singapore have launched Project Mandala to explore the feasibility of encoding jurisdiction-specific policy and regulatory requirements into a common protocol for cross-border use cases such as foreign direct investment, borrowing, and payments.
Project Mandala looks to automate compliance procedures, provide real-time transaction monitoring, and increase transparency and visibility around country-specific policies. The goal is to ease the policy and regulatory compliance burden by automating compliance procedures, providing real-time transaction monitoring and increasing transparency and visibility around country-specific policies.
The initiative is a collaboration between the BIS Innovation Hub Singapore Centre, Reserve Bank of Australia , Bank of Korea , Bank Negara Malaysia , Monetary Authority of Singapore , and other financial institutions....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
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