The roundtable session aimed to drive dialogue and partnership between the public and private sectors.
Fintech show Money20/20 hosted the Regulators’ Closed-Door Roundtable on 22 April, binging senior leaders from central banks and regulatory bodies across Asia to advance dialogue fintech development in Asia.
Key takeaways from the session include:
- Increased collaboration between Asian nations will improve financial inclusion and the success of fintech and open finance
- A three-step approach which includes making domestic data systems more robust, explore partnerships, and exploring broader regional collaboration, to enhance Asia’s financial success
- Regulators need to play a role in ensuring effective data sharing, harmonisation, and open finance innovation
- Data security and privacy for consumers is important
- Enhance mutual understanding and dialogue through continued exchange of insights, challenges, and regulatory approaches in fintech
Participants of the roundtable saw a number of Asian-based banks, including Bangladesh Bank, Bank Indonesia, and Bank of Thailand.
“This roundtable marks an early step in a journey rooted in trust, mutual understanding, and a commitment to a more cohesive, secure, and inclusive fintech future across Asia.” said Ian
Fong, VP Content, Asia, Money20/20.
