This session will be conducted via Live Webinar. A detailed set of instructions on the Live Webinar will also be sent to you closer to date.

Programme Objective

 

This course covers an overview of the Fintech landscape in ASEAN.

On completion of the course, participants will be able to:

• Know the Regulators around ASEAN and their modus operandi handling the thin line between promoting Fintech Innovation and market protection.
• Know Future Trends of Fintech- Blockchain, Regtech, InsurTech and AI.
• Understand the concept of regulatory sandbox.
• Understand the concepts of Security Token Offerings (STO) and Non-Fungible Tokens (NFT).
• Know what is the legal status of Initial Coin Offerings (ICO).

 

Programme Outline

1. Regulators around ASEAN

• Regulator’s readiness to innovation- fintech regulators around ASEAN and their approach towards innovation and market protection.
• Fintech Innovation Hub- what makes Singapore the best Fintech Hub?
• Covering every jurisdiction within ASEAN and some of the other key Fintech markets to throw light on regulation/soft regulation, and regulatory guidelines.
• Market advantages and Crypto Bans.

2. Fintech Trends for 2021 and how it is useful for Auditors and Accountants

• Understanding API’s, Open Banking- is open banking a reality yet?
• Project Ubin of Monetary Authority Bank of Singapore (MAS) - using Blockchain for clearing and settlement of payments and securities.
• Data Privacy and General Data Protection Regulation (GDPR)- what to bear in mind.
• Understanding Payments, Remittance landscape within Blockchain framework and RegTech, InsurTech and AI.

3. Understanding Regulatory sandbox

• What is a sandbox? Does your start up need one?
• Distinction between regulatory and industry sandbox.
• Jurisdictions where it is currently applicable and its success rate.
• Does graduating from Sandbox entitle you good money through ICO funding? Some case studies to be discussed.

4. Understanding Security Token Offerings (STO) & Non-Fungible Tokens (NFT)

• Fund raising aspects of Security Token Offerings (STO)
• Securities and Futures Act (SFA) – how it is governed
• Providing digital position to an art piece through Non-Fungible Tokens (NFT) and its benefits

 

5. Regulatory Landscape for Initial Coin Offerings (ICO)

• Legal status of Initial Coin Offerings (ICO) across ASEAN
• Identifying the existing regulation/guidelines for ICO

 

Training Methodology
Theory, case studies, group discussions and multimedia-sharing.
 
Closing Date for Registration
1 week before programme or until full enrolment

Intended For

A Foundation programme for accountants, auditors, and compliance and risk professionals interested to know more about ASEAN Fintech Regulation.

Programme Facilitator(s)