4 October-15 December 2023
5-6 hours per week for 8 weeks
The FinTech and Regulatory Innovation (CFTRI) programme is a tutor-led online programme delivered to senior policymakers and regulators at central banks, security agencies and ministries of finance.
Over 8 weeks, participants learn essential concepts concerning the technologies and business models that are transforming the financial industry. The focus of the programme is on formulating evidence-based regulatory, supervisory and policy responses to the development of financial technology.
Participants are taught by leading economists, lawyers, engineers, regulators and development professionals in interactive online lectures. Each participant is also guided by an expert tutor in small tutorial groups and is helped to develop a capstone project that they then present in their own organisation.
Previous projects have included:
- the launch of new regulatory and market development initiatives
- improvements to existing innovation offices
- and the formation of inter-jurisdictional collaborations.
To date, over 1500 central Banks, security agency and ministry of finance officials have participated and been trained through the programme from 340+ organisations in more than 145 jurisdictions.
This has been made possible through the generous support from the UK Foreign, Commonwealth and Development Office and the UK Commonwealth Secretariat, the Asian Development Bank Institute, and the Inter-American Development Bank.
Fintech & Regulatory Innovation is delivered over 8 weeks and requires participants to study for 5 to 6 hours each week.
The introductory week provides an overview of the key transformative technologies used in the financial sector, including machine learning, natural language processing, APIs, QR codes, cloud computing, DLT and others.
In each subsequent week, a fintech sector will be covered with a focus on the defining characteristics of different business model, to equip regulators with an understanding of the fundamentals of each.
Following the assessment of each fintech sector, a range of regulatory responses are worked through, including regulatory sandboxes, innovation offices, regulatory and supervisory technologies, regulatory reform and international cooperation.
The course is delivered via tutor groups, interactive online lectures, and online readings and exercises. Participants work closely with their colleagues from other regulatory organisations and receive personal support from their tutor.
We have designed the programme to ensure multidisciplinary cohorts, so this internationally-recognised programme is for financial regulators and policymakers working in:
- or research.
The map highlights the global spread of participants of the first 6 cohorts of the programme.
I am very delighted that I have had the opportunity to attend the Cambridge FinTech and Regulatory Innovation programme (CFTRI) which I would highly recommend for financial regulator officials interested in developing high- quality project proposals to take back to their institutions and for all policymaker employees interested in expanding their knowledge regarding FinTech and related issues. I am assured that the learning opportunities that the CFTRI programme provides will be of great benefit for anybody working in the financial sector, especially bearing in mind CFTRI’s programme structure and topics, as well as its widely appreciated tutors. I consider that well-drafted and detailed regulations in the FinTech area and their proper application, as well as mitigation of risks in relation to digital technologies are the prerequisites for the development of financial and capital markets in any country and for the appropriate protection of market participants. Therefore, it is of crucial importance for regulators to properly understand innovative FinTech opportunities, and I am certain that this programme will provide them the necessary tools to expand their knowledge in this area.
The Fintech & Regulatory Innovation programme provided me with insights into key innovations in the financial sector and more importantly how regulators can accommodate financial innovations while maintaining the integrity of the financial sector. In addition, the nature of the global participants in the programme gave me the opportunity to share experiences and learn from other regulators the challenges that they face with regulating financial innovations and how they cope with those challenges. Lastly, the tutors were very knowledgeable and most sessions were based on empirical evidence from research. I strongly recommend the programme to other financial sector regulators.
The CFTRI Programme is relevant, up to date and comprehensive and all aspects of Fintech regulation – providing recent real life examples of failures and successes. The course covers a diverse range of Fintech business models and approaches to supervision across multiple geographies, bringing a truly international perspective to this rapidly evolving sector. Tutorials and online forums provide the opportunity to connect with other regulators, debate and contrast approaches to emerging areas of Fintech and learn from others’ experiences. With capacity building regularly cited as a key constraint upon successful Fintech regulation, this course is an essential part of knowledge development for any professionals engaged in regulation or supervision of Fintech
It was an honour to participate in the Cambridge FinTech & Regulatory Innovation programme, which provides diverse information about the international fintech world, with experts in high-level financial technology. It also allows you to share your experience from the point of view of each participant. All the live sessions, online modules and tutor-led sessions allowed me to expand my knowledge in different subjects.Dorian Loyo, Deputy General Director of Prudential Regulatory, Comisión Nacional Bancaria y de Valores, Mexico
Cambridge's FinTech & Regulatory Innovation Programme is excellent! I do recommend this programme to everyone working on the financial services industry. The programme covers all relevant topics and all geographies, sharing knowledge and data about the new developments, bringing in experts from academia, agencies (national and international), FS industry and researchers. Besides the weekly presentations, CFTRI also organises peer group discussions of specific topics with deeper detail, which adds more value to this programme. Well done Cambridge Centre for Alternative Finance!
I wish to take this great opportunity to thank the Cambridge Judge Business School family and leadership for taking us through the FinTech & Regulatory Innovation programme. The programme is a masterpiece, comprehensive, well planned, and best fit mode of delivery. The programme was well designed to provide sustainable building blocks of a knowledge base on the digital economy through the learning and sharing of experiences as well as developing a global network which will forever bring lasting change in my work career. The project training and presentations helped me appreciate critical issues that one needs to consider to have buy-in and support within the organisation. I am sure I am going to see the full implementation of my proposed project. Indeed, the training helped me to think out of the box, and I will surely recommend others to take it.
Disruptive technology has reshaped the financial sector landscape with the emergence of fintech and fundamental changes in consumer behavior, and adoption of new strategy and business models by incumbent financial institutions. Regulators need to embrace the revolutionary changes by adopting an agile and balanced regulatory strategy to promote innovation and maintain financial stability, as well as to develop talents and new capability. The Cambridge FinTech and Regulatory Innovation Programme is one of the best online programme for financial regulators and policymakers. It equips participants to gain a comprehensive understanding of key innovative technologies and business models of fintech firms, and the regulatory implications and responses required. Besides learning from selected experts (tutors) it allows sharing knowledge and experience among participants and expanding global network.
The programme is sponsored by the UK Commonwealth Secretariat and the UK Foreign, Commonwealth and Development Office, the Asia Development Bank Institute, and the Inter-American Development Bank. Our sponsors are able to provide a number of bursaries for eligible participants.
For information regarding payment terms, cancellation rights, transfer policies and fees, please see our terms & conditions document:
Terms and conditions updated 16 March 2021
Registration closes at midday two working days before the programme start date.
Participants are expected to attend the full programme.
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Capacity Building & Education Team
Cambridge Centre for Alternative Finance
Dr Dee Allen
Head, Capacity Building and Education