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Fintech plan invites applications

The Financial Services & the Treasury Bureau today announced that the new round of the Financial Practitioners FinTech Training Programme is open for applications.   The programme provides fintech training courses to financial practitioners from different sectors and offers them tuition subsidies to enhance their knowledge of the practical application in the field. The new round will benefit not only practitioners of financial institutions, but also members of trade associations in securities and insurance sectors.   It comprises the Webinars Series and Incentive Scheme, with the Webinars Series providing training on topics such as RegTech, blockchain, artificial intelligence, cybersecurity as well as environmental, social and governance.   Practitioners in the financial services sector can apply for the series. The bureau will offer a full subsidy to applicants who have successfully completed the courses. Some 1,500 financial practitioners will benefit from it.   The Incentive Scheme is designed for the securities and insurance sectors. Trade associations in the sectors can organise tailor-made training for their members on fintech topics of their interest.   The training schemes proposed by the trade associations will be assessed by a vetting team comprising representatives from the Government, the financial services sector and academia. A one-off subsidy will be offered with the maximum amount of $100,000 to each approved scheme.   Noting that the Government spares no effort in nurturing fintech talents, Secretary for Financial Services & the Treasury Christopher Hui said the Financial Practitioners FinTech Training Programme attracted more than 1,200 practitioners from the financial services sector to join upon its launch in 2020.   He urged the financial practitioners to actively participate in the new round of the training programme.   “Through the sharing of local fintech experts and those from other places who have experience in the practical application and research of fintech, participants could learn more about the latest development trends of the fintech landscape, thereby equipping themselves to embrace the huge opportunities brought by the continuous digital transformation of the financial services sector."
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