Training Objectives

This course will help participants to understand RegTech and to become more confident and persuasive in the ability to analyze and make recommendations to executives within the finance industry regarding how to react to these changes, e.g. Regulations to cryptocurrencies like BitCoin & Initial Coin Offering (ICO).

Participants will learn about how FinTech and RegTech disrupt and transform the finance industry, such as challenges in protecting data and security with digital forensics, risk management and corporate governance in the banking industry in terms of Know Your Customer (KYC) and Anti Money Laundering (AML), and how governments in different countries take initiatives in FinTech and RegTech.

Furthermore, it will help to understand risk management and corporate governance in the finance industry with the disruption by FinTech and RegTech. Participants will become more confident to analyse and make recommendations to develop business strategies balancing the risks in operation, reputation and the stability of financial firms.

Moreover, participants will learn about new challenges of compliance with financial requirements and government regulations and how to deal with these changes, strategies in analyzing FinTech risk, and how operation risks increase in the finance industry in this changing environment. As tech firms are now becoming more like finance firms such as Alibaba, Apple, Tencent etc., participants will learn about the importance of IT compliance and assurance and practical skills in dealing with these changes.

Training Outline

Introduction to FinTech Security & Regulation

• What is Fintech?
• Why is fintech growing?
• The state of fintech
• Fintech vs traditional banks: what’s the difference?
• Will fintech companies and traditional banks work together?

The evolving Fintech regulatory environment

• Federal regulations are not new, but direct federal supervision would be
• The possible future state of federal regulation
• Fintech risk management framework
• Federal or state direct supervision? Which is best

Regtech Definition & activities

• Cost of Risk
• RegTech Definition
• Introduction to FinTech Security & Regulation
• Transaction and Activity Monitoring
• Identity and Control Management
• Policy Management
• Risk & Compliance management
• Regulatory Intelligence and Reporting

Risk Management & Government Control

• Compliance with financial requirements & government regulations
• FinTech Compliance with corporate governance: Objectives, guidelines,& policy
• IT Compliance & Assurance.

Fraud, Crimes, & Security

Global Trends and Government Initiatives in RegTech

The technologies and concepts underpinning RegTech innovation

• The digital revolution
• Internet Commoditization and Cloud Computing (IaaS, PaaS, SaaS)
• Big Data analytics and Artificial Intelligence
• Distributed Ledger Technology and Blockchain
• Other technological developments
• Utility services
• Other trends

Who Should Attend

This course addressed to:

• AMLCO/Money Laundering Reporting Officers (MLRO)
• AML/KYC Analysts and Associates
• Compliance Monitoring and Operations Analysts
• Fraud Analysts and Associates
• Trading
• Sales professionals
• Front and Back Office professionals
• Legal professionals
• FinTech Associates
• Financial Risk and Strategy Professionals
• Regulators
• Small start-ups, with staff in hybrid roles that include AML tasks
• Mid-sized FinTech transitioning to a more structured AML program
• Large FinTechs with dedicated complaince terms
• Anyone interested in FinTech, Banking, RegTech and SupTech, Digital Payments, and Financial Technology

Training Style

The program is designed to deliver knowledge and enhance participants’ skills via short lectures, case studies, and practical examples. Will take away the knowledge gained to be transferred to their workplace. Most of the training’s time will be invested in analysing a real-life case study.

CPD Recognition

This programme may be approved for up to 6 CPD units in FinTech and Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

For the CySEC requirements, CPD units attained from this course should not exceed the 50% of the total CPD Units of each individual.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.