Selected Issues of FINTECH Regulation

Source details

Session No.: SA 24.51
Location: New Delhi, India
Date: December 2-6, 2024 (1 week)
Delivery Method: In-person Training
Primary Language: English
Course length: 5-day course
Delivering unit: Financial Regulation and Supervision Division (FR), Monetary and Capital Markets Department (MCM)

Target audience: mid-senior level participants with experience in one or more of the following areas:
- financial sector regulation and supervision
- financial stability
- technology
- crypto assets
- big tech
- big data
Qualifications: participants should have experience in regulation, supervision, and oversight (conduct and prudential) and interest in, or experience of, better understanding the impact of new technology in financial services.

Focus: prudential and conduct regulation and supervision of technology driven innovation in financial services (fintech).
Purpose: to give participants an overview of the key issues globally in relation to fintech regulation, tailored to local needs.
Sources and foundations:
- draws on the IMF/WB Bali Fintech Agenda
- IMF publications on fintech
- work done by global standard setting bodies
Status: flagship fintech course offering of the FR division, constantly evolving, delivered to training institutes globally over several years.
Core syllabus topics:
- sandboxes and innovation hubs
- blockchain and crypto assets (including stablecoins)
- machine learning and regtech / suptech
- regulation and supervision of e-money
- BigTech
Explicit exclusions:
- does not cover payments or market infrastructure such as payment systems, FMIs, or CBDCs
- does not cover financial integrity matters including AML and CFT

Upon completion of this course, participants should be better placed to:

Understand global fintech developments.
Learn about international regulatory experiences in responding to emerging risks and challenges generated by fintech.
Identify key players in fintech and their differing impacts on financial stability: banks, bigtech, start-ups.
Learn about global standards, recommendations - and where absent - emerging best practices.
Focus on the growth and development of crypto and global regulatory responses.
Determine strategies that can balance the benefits of fintech while managing risks from a regulatory and supervisory perspective.