Our pro-business environment, effective regulatory environment, excellent infrastructure, and pool of highly skilled and experienced finance professionals have contributed to Singapore’s status as a global finance and fintech centre.
Many financial institutions and businesses have based themselves in Singapore, not only because of the ease of doing business in the country, but also because of the sound economic and political environment, conducive legal and tax policies, reputation for integrity, and strict regulations against crime and money laundering.
This environment fosters a vibrant marketplace conducive for trade, business networking and business events that drive innovation, knowledge exchange and lasting impact.
Why Hold Financial Services Events in Singapore?
Hub for Financial Services
As a financial hub, Singapore is a launchpad for banks, wealth management firms, insurance corporations, commodities traders and treasury-related companies to facilitate meaningful connections and transform the industry.
As a hub, Singapore plays a major role in connecting global markets to Asia’s growing developments, with 77% of assets under management (AUM) sourced from outside Singapore and 89% of total AUM invested outside the country.
Singapore’s close connections with multilateral development banks allow the country to support the development of the region. Singapore acts as a platform for Asian companies and infrastructure projects to gain funding, while the strong network of private investors present helps generate wealth development opportunities for enterprises.
To solidify Singapore’s position as a leading global financial centre in Asia, the government has put together a Financial Services Industry Transformation Map
which outlines steps for skills upgrading, continuous innovation and technology adoption. Testament to Singapore’s commitment and reputation, the sector outperformed 2020 targets from 2016 to 2020, achieving 5.7 per cent value-added growth per annum (exceeding the target of 4.3 per cent) and creating 4,100 net jobs per annum (exceeding the target of 3,000)viii. And to cement Singapore’s competitive lead, the government will be injecting S$2 billion more into the Financial Sector Development Fund.
Singapore's close proximity to economic activity and financial talent makes it an ideal location for both large-scale international financial services industry events and smaller Asian business investment meetings that serve as pivotal forces in driving financial innovation.
Smart Financial Centre
To date, Singapore ranks as Asia’s top fintech hub and among the top five in the world, with more than 1,000 firms based in Singaporeix. Notably from 2019 to 2022, Singapore fintechs attracted the highest level of venture capital investment, at US$34b.
As a smart financial centre, one of Singapore’s key aims is to facilitate innovation in the financial sector and encourage the adoption of technology for increased efficiency and growth opportunities.
To support this culture of innovation, the Singapore government invested $250 million in 2020 to strengthen support for large-scale innovation projects and build a stronger pipeline of Singaporean fintech talent. And in 2023, the country committed another $150 million to promote a vibrant technology ecosystem for the financial sector. These have resulted in enhanced capabilities of existing firms and the creation of new industry sectors which include digital banks, mobile payment providers and insurtech firms.
For sustained growth, Singapore also hosts more than 50 innovation labs related to the financial sector today, up from almost none just five years ago. Together, they have embarked on close to 500 projects and created many new high-value jobs in the process.
Singapore's unwavering commitment to becoming a leading smart financial center makes it the ideal stage to convene regulators, innovators, and industry players to shape the future of smart finance.
Sustainable Finance
In 2016, Singapore Exchange introduced mandatory sustainability reporting for listed companies. As a trusted market infrastructure and key player in the ecosystem, with climate action as a key priority, SGX is working towards becoming a leading and sustainable financing and trading hub offering quality, end-to-end solutions.
As a thought and practice leader in this area, Singapore will continue to play an important part in shaping the future of sustainable finance both in the region and beyond. By choosing Singapore, organisers can leverage the nation's expertise, attract top-tier speakers and attendees, and position their events at the forefront of sustainable finance innovation.
Singapore Exchange
In 2016, Singapore Exchange introduced mandatory sustainability reporting for listed companies. As a trusted market infrastructure and key player in the ecosystem, with climate action as a key priority, SGX is working towards becoming a leading and sustainable financing and trading hub offering quality, end-to-end solutions. As a thought and practice leader in this area, Singapore will continue to play an important part in shaping the future of sustainable finance both in the region and beyond. By choosing Singapore, organisers can leverage the nation's expertise, attract top-tier speakers and attendees, and position their events at the forefront of sustainable finance innovation.