The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) announced the Financial Transparency Corridor (FTC) initiative between Singapore and Cambodia. FTC, a consent-based digital network, aims to boost trade and financial services for SMEs in both countries. It enables financial institutions to access data for better credit risk assessments and financing. Proxtera Pte Ltd manages the FTC. Participating FIs from Singapore include ANEXT Bank, Liquid Group, and Sing Investments & Finance. Cambodian participants include Advanced Bank of Asia, ACLEDA Bank, Phillip Bank, Sathapana Bank, and Wing Bank. The FTC facilitates information sharing and financing, with initial transactions underway. Future phases will expand the initiative, exploring green and trade finance.