UNDP, MAS and partners launch Universal Trusted Credentials initiative for MSME financing

The United Nations Development Program (UNDP), the
Monetary Authority of Singapore (MAS), Bank of Ghana (BoG), Global Legal Entity Identifier Foundation (GLEIF) and the SME Finance Forum announced Tuesday the launch of an open
global initiative – Universal Trusted Credentials (UTC) – to improve micro, small and medium-sized enterprises (MSMEs) access to financing.