Apply for the Course Click to apply by the 23 September 2022 deadline.
Time of Event
10:30-11:30 Singapore time / 11:30-12:30 Tokyo time
Summary
Rapid advancements in financial technology, or fintech, are opening the door to greater financial inclusion and sustainable development in Asia and the Pacific. However, the growing knowledge gap between innovators and regulators regarding fintech and business models that apply it threatens to undermine the benefits while giving rise to new challenges.
If inadequately addressed, associated risks such as fraud, data privacy breaches, and other cyber vulnerabilities could increasingly harm consumers and financial stability. Regulatory deficiencies could also hinder competitiveness and growth within the fintech sector. Yet, for many policy makers, particularly in the region’s developing economies, keeping pace with fintech innovation is extremely difficult given their frequent lack of specialized knowledge and skills.
ADBI, the Cambridge Centre for Alternative Finance, and the Cambridge Judge Business School Executive Education Limited are offering an 8-week Online Course on Fintech & Regulatory Innovation for senior policy makers from central banks, security agencies, and finance ministries in Asia and the Pacific. The course will explore technologies and business models that are transforming the financial industry and the formulation of evidence-based regulatory, supervisory, and policy responses.
Admission to the course is selective and open only to qualified policy makers from Asian Development Bank developing member economies. Selected applicants will be awarded ADBI scholarships.
Objectives
- Strengthen fintech innovation and regulatory knowledge among policy makers from developing economies from across Asia and the Pacific
- Build the capacity of policy makers to address evolving regulatory needs within the fintech sector
Target Participants
Senior policy makers from central banks, security agencies, and finance ministries in Asia and the Pacific
Output
- Improved policy maker knowledge of fintech and regulatory innovation
- Greater recognition of fintech regulation capacity and development needs
- Enhanced networking, collaboration, and cooperation among fintech experts
How to Apply
ADBI welcomes applications solely from government officials who are citizens of Asian Development Bank developing member countries and eager to develop their fintech systems. Women are encouraged to apply.
Each participant will be awarded a $2,000 scholarship.
Interested applicants should submit the following Application Package materials to Ms. Bayarbileg Altansukh and Ms. Minako Iida by 23 September 2022:
- Full CV
- Completed application including:
a. Detailed applicant information form
b. Statement of purpose (1,000 words)
c. Recommendation form
We regret that only shortlisted scholarship applicants will be contacted.
Partner
- Cambridge University’s Cambridge Centre for Alternative Finance
- Cambridge Judge Business School Executive Education Limited