FROM REGULATION TO INNOVATION: HOW SINGAPORE AND TOKYO SHAPE THE FUTURE OF INTERNATIONAL FINANCIAL CENTERS

Abstract

This thesis talks about how Singapore and Tokyo have developed as international financial centers, where each following has the special way from regulation to innovation. Singapore has become a global hub through transparency, fintech growth, and flexibility, while Tokyo has become known with its strong traditions and in these days reforming through green finance and digitalization. By comparing their data from statistics, the next points show how the balance between stability and innovation improve the future of financial centers.