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An occasion titled “Assessing the panorama of FinTech within the Euro-MED and MENA area” was held on the European College Cyprus (EUC) on 31 Might at first up centre, powered by Microsoft.
The purpose of the occasion was to advertise FinTech analysis within the area. The Dean of the Enterprise Faculty, European College Cyprus, Dr. Pieris Chourides, highlighted that “the cooperation of the European College Cyprus with the analysis centre, the Cambridge Centre for Different Finance (CCAF) of the College of Cambridge, is aligned with the technique of the enterprise faculty in selling internationalization, and analysis excellence within the area of monetary expertise”.
On his half, the Vice-President of the Cyprus Securities and Alternate Fee (CySec), George Karatzias, underlined that monetary expertise has remodeled the operation of funding providers, and therefore the problem for every regulatory authority is to regulate to this new surroundings, capitalising on the brand new regulatory instruments that expertise can create. Mr. Karatzias additionally famous that CySec is upgrading its innovation workplace right into a regulatory sandbox.
The researchers of the centre offered the analysis exercise which centered on the Center East, North Africa and the Mediterranean (MENA), which might, which will be discovered right here:
1) “Regional Market insights on Different Finance Actions” and
2) “FinTech regulation and regulatory innovation within the MENA area”.
The occasion constituted a possibility to showcase the work of the Euro-MED and MENA area Centre, and to debate with related stakeholders its subsequent analysis milestones.
The Euro-MED and MENA area Centre was established following the signing of a analysis collaboration settlement in November 2021 between the EUC Faculty of Enterprise Administration and the Cambridge Centre for Different Finance (CCAF), a analysis centre of the Decide Enterprise Faculty, College of Cambridge. The purpose is to speed up tech-enabled monetary innovation, and to create, alternate and switch information wanted by coverage makers, regulators and trade to navigate the digital transformation of the area’s monetary system.
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