Innovation is the key word to describe the Open Finance model adopted in Asia. With an open framework for sharing APIs, Singapore has become a regional hub for data sharing in the financial sector.
As the market prepares for the next steps of Open Banking in Brazil, Instituto Propague invites interested stakeholders to learn about the Singapore Open Finance model with Nydia Remolina, researcher at SMU Centre for AI and Data Governance and professor at Singapore Management University.
Directly from Singapore, Nydia Remolina will share data from the Monetary Autority of Singapore (MAS) and present how the Open Banking/Open Finance model was built in Asia, focusing on Singapore’s experience. She will also share her insights on the main results of this endeavor for traditional financial institutions, fintechs and small businesses, besides the development of a regional ecosystem covering Southeast Asia, India, and China.
Open Finance in Singapore is a market-led initiative, supported by the regulator, and covers many products and services – from digital payments to insurance to credit and investment products.
The webinar is free and will be delivered in English. Register below!
Meet the speakers:
Nydia Remolina is a lawyer with more than 10 years of experience in the financial services industry, law firms and academics institutions. Currently, Nydia is a Research Associate at the SMU Centre for AI and Data Governance and Adjunct Faculty at Singapore Management University. Her main areas of work and academic research include financial regulation, capital markets, banking law, fintech, digital ethics, AI governance, and the intersection of law and technology. She has taught or delivered lectures at several institutions in the United States, Asia, Europe, and Latin America.
Nydia has been an instructor for the Global Certificate Program jointly organized by Harvard Law School and the International Organization of Securities Commissions (IOSCO) and has been invited to speak about fintech and financial regulation at various international organizations and regulators, such as the International Monetary Fund (IMF), the United States Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS).
Nydia has also acted as a Senior Advisor to the Organization for Economic Cooperation and Development (OECD) and she worked at Sullivan & Cromwell’s New York Office. Nydia has a Master in the Science of Law (JSM) from Stanford University and has graduate studies in Economics, Finance and Computer Science. Nydia’s research has been cited in internationally recognised magazines such as Forbes and featured on the Harvard Law School Forum on Corporate Governance, the Columbia Law School Blue Sky Blog, the Oxford Business Law Blog, and the Machine Lawyering Blog of the Chinese University of Hong-Kong.
The webinar will be hosted by Carlos Ragazzo, professor at Fundação Getulio Vargas – RJ and Chairman of Instituto Propague’ Advisory Board.