Genesis faciltates inaugral workshop of intergovernmental fintech working group
16 April 2018
The Intergovernmental fintech working group (IFWG) is hosting its inaugural workshop on 19 and 20 April 2018, with the objective of providing a platform for regulators and policy makers to engage with the industry, identify key considerations and develop a harmonised approach to fintech-driven innovations for the benefit of all South Africans.
Genesis has been appointed to facilitate the workshops, document the conference and develop a post online booklet on the conference.
The Intergovernmental Fintech Working Group (IFWG) was formed by members from National Treasury (NT), the South African Reserve Bank (SARB), Financial Services Board (FSB) and Financial Intelligence Centre (FIC) at the end of 2016. The objectives of the IFWG were to enable policymakersand regulators to understand, more broadly, the financial technology (fintech) developments and relevant policy and regulatory implications for the South African financial sector and economy in order
that a co-ordinated approach could be developed and adopted.
The overall objective was to foster fintech innovation while ensuring the continued efficient functioning of financial markets, financial stability and protecting the rights and interests of customers and investors.
