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Jo Yeo

Experienced legal and fintech professional at MAS

Jo Yeo is a senior executive at the Monetary Authority of Singapore (MAS), serving as the Director and Head of the Payments Development and Data Connectivity Office within the FinTech & Innovation Group (FTIG).12 Her role involves overseeing the development of Singapore's payments ecosystem and spearheading initiatives related to payments and cross-border data connectivity.1

Professional Background

Jo Yeo has an extensive career in financial regulation and policy:

  • Current Position: Division head at FTIG, MAS, leading the Payments Development and Data Connectivity Office1
  • Previous Roles:
    • Project director for the Payment Services Act1
    • Assistant General Counsel at MAS Legal Department1
    • Private practice experience at Allen & Gledhill and Amica Law1

Key Achievements

Under Jo Yeo's leadership, several landmark projects have been implemented:

  • Direct FAST
  • PayNow cross-border connectivity linkages with Thailand, India, and Malaysia
  • Project Nexus
  • SGQR
  • Payments Council
  • Cessation of cheques in Singapore1

Education and Qualifications

  • LLB (Hons) from the National University of Singapore
  • Called to the Singapore bar
  • Master of Laws from University College London
  • Non-practising solicitor of England and Wales1

Jo Yeo's expertise spans financial services regulations, free trade agreements, and payments policy. Her work at MAS has been instrumental in shaping Singapore's financial technology landscape and enhancing its position as a global financial hub.12

Highlights

Jul 3 · linkedin

Are we or are we not allowed to have this much fun at work? 😆

Just look at the pure joy on the faces of both the speakers and the audience - it was supposed to be spicy debate, but both Team Veterans and Team Challengers battled their way into collaboration over competition agreeing on the most critical aspect of payments - to serve your customer (little b!) well and ensure that the transaction arrives safe and sound.

We could not despite our best efforts, declare a winning team between the two. But we were delighted to present (cabin bag size friendly!) trophies to both stellar team captains Rene Michau & Dante A. Disparte , and best speakers Livia Benisty and Sujit Misra . Was a tough call amongst the strong contributions from Carrie Suen Martin Etheridge Morgan Krupetsky and of course the veteran of the challengers Umar Farooq ! And all summed up perfectly by the unflappable Rich Teo It was a conversation to remember 😎

Great insights shared and friendships renewed at #pzf2024

Jul 1 · linkedin

Nexus implementation - it’s finally here!

It started with a dream. A dream to connect a network of instant payment systems to bring inclusive and accessible payments to all.

In Phase 1, under BIS’ leadership we started small to build a blueprint for a multilateral based on the world’s first instant payment bilateral linkage Paynow Promptpay.

In Phase 2, we dreamt big and linked the payment systems of Europe, Malaysia and Singapore in a prototype.

In Phase 3, we moved fast with ASEAN 5 central banks designing a comprehensive blueprint to the hardest part of linking infrastructure - aligning governance arrangements in the form of a scheme rule book and implementation guide.

And the next Phase 4, with the signing of the agreement among the 5 first mover central banks yesterday in Basel, we will move from paper to implementation - to make this dream a reality. We have much to look forward to.

Press release and full report here:

https://lnkd.in/gPr9Kgp5

Related Questions

What are some of the key projects Jo Yeo has led at MAS?
What are the main responsibilities of the Payments Development and Data Connectivity Office at MAS?
What are the future plans for the payments ecosystem in Singapore under Jo Yeo's leadership?
What is the significance of the Direct FAST and PayNow cross-border connectivity initiatives?
How has Jo Yeo's background in law influenced her work in payments development?
Jo Yeo
Jo Yeo, photo 1
Jo Yeo, photo 2
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Experience

Head, Payments Development and Data Connectivity Office at Monetary Authority of Singapore (MAS)
Deputy Director (Fintech & Innovation Group) at Monetary Authority of Singapore (MAS) from November 2016 - Present, Assistant General Counsel at Monetary Authority of Singapore (MAS) from June 2015 - October 2016

Education

Master of Laws (LL.M.) in Law from UCL (2007 - 2008); Bachelor of Laws (LL.B.) in Law from National University of Singapore (1999 - 2003)

Location

Singapore