Financial Supervisory Service Conducts Fintech Training for Emerging Market Financial Authorities in Cambodia, Laos, and Others

[Asia Economy Reporter Changhwan Lee] The Financial Supervisory Service (FSS) announced that it will hold an invitation training program from the 30th of this month to the 2nd of next month for 18 financial supervisory staff from 11 emerging countries, including Cambodia and Laos.

These participants are financial supervisory staff from emerging countries currently enrolled at the KDI School of Public Policy and Management, who are taking advantage of their vacation period to participate in the invitation training.

The training is held as part of the 'Financial Supervisory Partnership Program (FSPP),' which the FSS conducts annually for supervisory authorities of emerging countries.

The program aims to establish friendly cooperative relationships with supervisory authorities of emerging countries to directly and indirectly support the overseas expansion of domestic financial companies.

The training theme, considering the needs of the participants, is 'Response Measures to the Changing Financial Environment,' covering recent fintech industry trends, digital financial supervision, and climate risk response.

During the training period, experts from various fields such as the Fintech Support Center, the World Bank, KakaoBank, KakaoPay, KPMG, and the Korea Federation of Banks will be invited to give lectures. The FSS also explained that participants will visit bank IT centers to experience fintech operations at domestic banks firsthand.