Fintech Market Development and Policy Implications (FINTECH)

Source details

Participants are expected to have an advanced degree in economics or finance or equivalent work experience.
It is strongly recommended that applicants first complete the Financial Sector Policies (FSP) course.
Target audience: Mid-level to senior officials from the central bank and other government agencies dealing with regulation of the financial sector.
Preference is given to applicants working on issues directly related to financial development and inclusion, as well as supervision and regulation of new financial technologies.

Presented by the IMF Institute for Capacity Development (ICD).
Designed to give participants a foundation in understanding new financial technologies (Fintech) and the associated supervisory and regulatory issues.
After an overview of the source and nature of Fintech and general regulatory principles, the course focuses on three rapidly developing areas:
- Fintech payments
- Fintech funding
- Cryptocurrencies and decentralized finance
The course discusses risks and concerns arising from Fintech developments in these areas and explores possible regulatory responses.
Participants are expected to prepare final presentations on Fintech developments and regulations in their home countries.

Define and understand fundamental Fintech concepts.
Explain the economic rationale for various Fintech tools and their implications for the financial service industry.
Identify key risks and regulatory concerns over financial stability, financial integrity, security, consumer protection, and other aspects.
Recognize international regulatory responses to Fintech developments.