IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789811249167_0002.html
   My bibliography  Save this book chapter

Building It Right, For Good

In: The FinTech Nation Excellence Unlocked in Singapore

Author

Listed:
  • VARUN MITTAL
  • LILLIAN KOH

Abstract

To those unfamiliar with Singapore’s legal culture, the concept of “fines” for specific public transgressions is almost unbelievable. People cannot comprehend how Singapore regulates its high fines, from USD1,000 for feeding birds in public places to the severe penalty for chewing gum in the entire island nation. However, Singapore’s detail-oriented nature extends beyond controlling these minuscule acts and has played a vital role in shaping the country’s business ecosystem. A positive attitude towards foreign and local businesses drives Singapore’s renowned ease of business. With an optimum level of regulation, Singapore has developed a near-utopic ecosystem where businesses work in tandem with the regulators, leading to maximum compliance…

Suggested Citation

  • Varun Mittal & Lillian Koh, 2023. "Building It Right, For Good," World Scientific Book Chapters, in: The FinTech Nation Excellence Unlocked in Singapore, chapter 2, pages 17-40, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811249167_0002
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789811249167_0002
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789811249167_0002
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    FinTech; FinTech Trend; Global FinTech Development;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • G2 - Financial Economics - - Financial Institutions and Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789811249167_0002. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.