FinTech Regulation, including Virtual Currencies (together with the Financial Stability Institute)

Event Code :FS4A-2019
Venue :Indonesia
Host Name :Bank Indonesia
Coordinator :Ms. Mangai
Date From :07 Oct 2019
Date To :11 Oct 2019


To all attendees of this training course, be advised that a collaboration has been struck with the Asia-GPS organisers. Take advantage of the synergies and join the 7th edition of GPS on a complimentary basis immediately post-training! This payments-focused event will be held at the Sofitel Nusa Dua between Oct10-11th and focuses on content and expert discussions/ debate in the payments space. The Global Payment Summits (GPS) are a series of conference platforms driven by thought leadership and strategy-defining debate and also include high-level networking opportunities. More details here!
This course is part of a series of 3 consecutive events, which are

  1. The SEACEN-FSI Course on FinTech Regulation (7 - 9 October)
  2. SEACEN Sessions on Virtual Currencies (10 October)
  3. The Currency Research Asia Global Payments Summit (Asia GPS, 10 - 11 October)

Financial Technology (FinTech) poses both opportunities and challenges for traditional financial institutions and their regulators.  On the one hand, FinTech companies may be competitors for banks’ loan and payment customers; on the other hand, FinTech companies may partner with banks to increase banks’ efficiency.  FinTech providers appear regularly, proposing relief of customers’ “pain points.”  Regulators, for their part, must decide on activity-based vs. entity-based regulation, or, indeed, whether or not to regulate at all.  This course is a blend of financial stability, financial supervision, and payments topics.  Participants will learn about the key trends in FinTech, such as lending and investing activities; wealth management activities; and making payments faster, better, and cheaper; and will discuss how to utilize regulatory sandboxes to test the integrity and consumer uptake of FinTech applications.  The focus will then shift to an up-to-date discussion of the ever-changing market for virtual currencies (crypto assets, crypto currencies, tokens, etc.) and efforts by regulators around the world to oversee initial coin offerings and exchanges. 


To give participants a thorough conceptual grounding in FinTech and introduce them to the most important products and services that may pose threats to the profitability of traditional financial institutions, the stability of the financial sector, or to the integrity of the payment system, and to generate thought and discussion about smart regulation of the FinTech environment.  Participants will also be able to frame discussions of the many aspects of virtual currencies from all perspectives – financial stability, financial integrity, and consumer protection. 

Target Participants

The course is aimed at staff of central banks and monetary authorities from the financial stability, financial supervision, or payments areas, with two to three years of professional experience and responsibility.  Those responsible for the development of regulatory policy are especially encouraged to join.