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SEC and ADB co-host FinTech seminar to develop market-based ecosystem in Asia



Tuesday 6 September 2016 | No. 80 / 2016



Bangkok, September 6, 2016 ? The SEC and the Asian Development Bank (ADB) have recently co-hosted an international seminar titled, ?FinTech in Capital Market: New Ecosystem for Market Based Financing Development & Financial Inclusion,? featuring the latest developments in crowdfunding, blockchain, big data, cybersecurity, and case studies from around the world.

The seminar promoted an open discussion, exchange of views, and knowledge sharing on digital economy and financial innovations among capital market regulators from 13 Asian-Pacific jurisdictions and relevant local organizations including the Ministry of Information and Communication Technology, the Bank of Thailand, the Office of Insurance Commision and the Stock Exchange of Thailand.

In organizing the event, the SEC and the ADB aimed to promote market participants? understanding and preparation for adoption of FinTech to the capital market ecosystem as it is becoming a major tool for innovating financial products and services, and to update regional regulators on new challenges that could have an impact on the balance between effective supervision and financial innovation.

The seminar took place in Bangkok during 22 - 26 August 2016.