On 25 February 2022, the UK government announced that it was entering into a digital trade deal with Singapore. Among other things the announcement mentions that the deal strengthens the UK and Singapore’s relationship for financial services by ensuring data can flow freely without unjustified barriers and enhanced cooperation for innovative financial services. In addition to signing the trade deal, the UK and Singapore have also agreed to revitalise the existing FinTech Bridge, a move that will support innovative financial services and strengthen cooperation on emerging technologies.