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Financial Sector Policies

Fintech Market Development and Policy Implications (FINTECH)

Deadline passed

Session No.: AT 23.35

Location: Ebene, Mauritius

Date: December 4-8, 2023 (1 week)

Delivery Method: In-person Training

Primary Language: English

Interpretation Language: French Portuguese

    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.

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    Qualifications

    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.

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    Course Description

    This course, presented by the IMF Institute for Capacity Development (ICD), is 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 as well as general regulatory principles, the course will focus on three Fintech areas that are rapidly developing in recent years: Fintech payments, Fintech funding, cryptocurrencies and decentralized finance, discuss risks and concerns arising from Fintech developments in these areas, and explore possible regulatory responses. Participants are expected to prepare final presentations on Fintech developments and regulations in their home countries.

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    Course Objectives

    Upon completion of this course, participants should be able to: 

    • Define and understand fundamental Fintech concepts. 
    • Explain the economic rationale for various Fintech tools and their implications for 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. 
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