證書(單元 : 金融及保險科技規範) (CEF) - 香港大學專業進修學院: Finance and Compliance, FinTech and Financial Intelligence課程
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Accounting & Finance Finance and Compliance

Certificate for Module (Compliance for Fintech and Insurtech)
證書(單元 : 金融及保險科技規範)

CEF Reimbursable Course

CEF Reimbursable Course

Course Code
AC106A
Application Code
2050-AC106A

Study mode
Part-time
Start Date
07 Oct 2022 (Fri)
Next intake(s)
10-2023
Duration
36 hours
Language
English
Course Fee
HK$8000 per programme
Apply Now
Deadline on 17 Sep 2021 (Fri)
Enquiries
2867 8409 / 2867 8314
2861 0278
In the programme, there will be discussion of the evolution of fintech and insurtech, challenges and the future of this digital innovation, including blockchain, machine learning, and big data which are revolutionizing the finance industry, creating new challenges for both start-ups and incumbent firms that are competing for market share. Teachers would share with students real world examples and practices of how fintech and insurtech can be defined, implemented and developed and highlight the key areas that need to be addressed from compliance and regulatory perspective.

Fintech and Insurtech are new and hot technology in bank and insurance sectors.  Programme Team proposes to introduce a Certificate for module ‘Compliance for Fintech and Insurtech’ which is an evolving area with market demand and is also a unique and pioneering course introduced by HKU SPACE.

Students that successfully complete this programme can apply for exemption and articulate to ‘Postgraduate Diploma in Bank and Insurance Compliance’.

The Programme aims to provide students with compliance knowledge and skills to operate under the rules and regulations in the new landscape of Fintech and Insurtech.

On completion of the module, students should be able to

  1. review and apply Fintech and Insurtech in the workplace;
  2. assess the impact of Fintech and Insurtech on risk management and compliance; and
  3. make informed judgement and comply with Hong Kong Monetary Authority (HKMA) and other related regulations.

Mode: Part-time

The duration of the programme is  12 weeks (Contact hours: 36 hours)

Assessment and Award

  • Assessment is based on an individual assignment (50%) and an examination (50%).
  • On successful completion of the programme, students will be awarded within HKU System through HKU SPACE a Certificate for Module (Compliance for Fintech and Insurtech).

Module: Compliance for Fintech and Insurtech

Syllabus:

1.  Regulatory Requirements in Technology Risk and Cyber Security

 

  • Hong Kong Monetary Authority (HKMA) Technology Risk Management TM-G-1
  • HKMA Cybersecurity Fortification Initiative
  •  Insurance Authority Guideline on Cybersecurity (GL 20)
2.  What is FinTech
  • Artificial Intelligence
  • Blockchain
  • Cloud Computing
  • Big Data
3.  Artificial Intelligence- compliance
  • What is AI?
  • Understanding AI Risks and Its Impacts
  • AI Controls and Assessments
  • Governance and compliance of AI
  • HKMA High-level Principles on Artificial Intelligence
4.  Blockchain and distributed ledgers – Governance
  • Blockchain in financial services
  • Smart contracts
  • Allocation of liability on distributed ledgers
  • Governance and compliance of blockchain
5. Cloud Computing compliance
  • What is Cloud Computing?
  • Cloud Deployment Model
  • Infrastructure
  • Cloud Responsibility Matrix and Risk Mitigation
  • Governance and compliance of Cloud Computing
6.  Big Data Analytics and Machine Learning
  • Data Analytics approaches and tools on structured data
  • Controls over End User Computing
  • Procedure and tools on Machine Learning
  • Controls over cloud-based data analytics platforms
  • HKMA’s circular on Customer Data Protection
  • Risks associated with Machine-learning procedure
7. Data Governance
  • Framework of policies and process to ensure effective data management
  • Data quality framework
  • Enterprise Data Model
8. Introduction of InsurTech
  • What is InsurTech?
  • The rise of InsurTech
  • How InsurTech change the game of insurance?
  • Challenges and Controls
9. Use Cases in InsurTech
  • Internet of Things and Insurance
  • Smart Contracts in Insurance
  • Digital Insurance Companies
10. Insurance regulation and technology
  • Move forward with RegTech plans
  • Insurance RegTech solutions
  • Governance and compliance of InsurTech
11. Cyber Security
  • Cyber Security Challenges for Fintech and Insurtech
  • Cyber Kill Chain
  • DDoS Attacks
  • Phishing Attack
  • Ransomware
  • Security Incidents and Events Management (SIEM)
12. RegTech
  • What is RegTech?
  • The RegTech Landscape
  • RegTech from a Regulatory Perspective
13. Regulatory Sandboxes
  • WHO can apply to be in the sandbox?
  • WHAT are the main benefits of the sandbox?
  • WHAT are some of the examples of how FIs may benefit from the sandbox?

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Tutor Profile

Mr. Wilson Pang (CPA, CISA)

Wilson is working in an authority with responsibilities to facilitate healthy fintech development in Hong Kong. Prior to this role, Wilson was a Director of one of the Big-4 firms who led cyber security and IT consulting related services. He has more than 10 year experience in teaching professional courses. 

Mr. Gary Yiu (MSc(CUHK), MSc(HKPU), CPA, CIA, CISA, CCEBS)

Mr. Yiu now heads up the Group Audit of an international bank.  He was Associate Director of one of the Big-4 firms and is currently working for an internal audit function of a leading bank in Hong Kong. He has extensive external and internal audit experience and served as a lecturer of various academic programmes and professional courses in the past 7 years.

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Application Code 2050-AC106A Apply Online Now
Apply Online Now

COMPLIANCE FOR FINTECH AND INSURTECH

Date: 07/10/2022 (Friday) [12 weeks] 

Time: 19:00-22_00

Venue: TBC, mostly will be IEC centre

*(detail timetable will be sent to enrolled students)

Applicants shall hold a bachelor’s degree awarded by a recognized institution.

If the degree or equivalent qualification is from an institution where the language of teaching and assessment is not English, applicants shall provide evidence of English proficiency, such as:

  1. an overall band of 6.0 or above with no subtests lower than 5.5 in the IELTS; or
  2. a score of 550 or above in the paper-based TOEFL, or a score of 213 or above in the computer-based TOEFL, or a score of 80 or above in the internet-based TOEFL; or
  3. HKALE Use of English at Grade E or above; or
  4. HKDSE Examination English Language at Level 3 or above; or
  5. equivalent qualifications.

 

Applicants with other qualifications will be considered on individual merit.

 

 

Application Fee

HK$150 (Non-refundable)

Course Fee
  • Course Fee : HK$8000 per programme
  • The CEF Institution Code of HKU SPACE is 100
CEF Courses
Certificate for Module (Compliance for Fintech and Insurtech)
證書 (單元:金融及保險科技規範)
COURSE CODE 33C135450 FEES $8,000 ENQUIRY 2867-8409
Continuing Education Fund Continuing Education Fund
This course has been included in the list of reimbursable courses under the Continuing Education Fund.

Certificate for Module (Compliance for Fintech and Insurtech)

  • This course is recognised under the Qualifications Framework (QF Level [6])

Online Application Apply Now

Application Form Download Application Form

Enrolment Method
Payment Method
1. Cash, EPS, WeChat Pay Or Alipay

Course fees can be paid by cash, EPS, WeChat Pay or Alipay at any HKU SPACE Enrolment Centres.

2. Cheque Or Bank draft

Course fees can also be paid by crossed cheque or bank draft made payable to “HKU SPACE”. Please specify the programme title(s) for application and the applicant’s name.. You may either:

  • bring the completed form(s), together with the appropriate course or application fees in the form of a cheque, and any required supporting documents to any of the HKU SPACE enrolment centres;
  • or mail the above documents to any of the HKU SPACE Enrolment Centres, specifying  “Course Application” on the envelope.  HKU SPACE will not be responsible for any loss of payment sent by mail.
3. VISA/Mastercard

Applicants may also pay the course fee by VISA or Mastercard, including the “HKU SPACE Mastercard”, at any HKU SPACE enrolment centres. Holders of the HKU SPACE Mastercard can enjoy a 10-month interest-free instalment period for courses with a tuition fee worth a minimum of HK$2,000; however, the course applicant must also be the cardholder himself/herself. For enquiries, please contact our staff at any enrolment centres.

4. Online Payment

Online application / enrolment is offered for most open admission courses (course enrolled on first come, first served basis) and selected award-bearing programmes. Application fees and course fees of these programmes/courses can be settled by using "PPS by Internet" (not available via mobile phones), VISA or Mastercard. In addition to the aforesaid online payment channels, continuing students of award-bearing programmes, if their programmes offer online service, may also pay their course fees by Online WeChat Pay, Online Alipay and Faster Payment System (FPS). Please refer to Enrolment Methods - Online Enrolment  for details.

Notes

  • If the programme/course is starting within five working days, application by post is not recommended to avoid any delays. Applicants are advised to enrol in person at HKU SPACE Enrolement Centres and avoid making cheque payment under this circustance.
  • Fees paid are not refundable except under very exceptional circumstances (e.g. course cancellation due to insufficient enrolment), subject to the School’s discretion. In exceptional cases where a refund is approved, fees paid by cash, EPS, WeChat Pay, Alipay, cheque or PPS (for online payment only) will normally be reimbursed by a cheque, and fees paid by credit card will normally be reimbursed to the payment cardholder's credit card account.
  • In addition to the published fees, there may be additional costs associated with individual programmes. Please refer to the relevant course brochures or direct any enquiries to the relevant programme team for details.
  • Fees and places on courses cannot be transferrable from one applicant to another. Once accepted onto a course, the student may not change to another course without approval from HKU SPACE. A processing fee of HK$120 will be levied on each approved transfer.
  • Receipts will be issued for fees paid but HKU SPACE will not be repsonsible for any loss of receipt sent by mail.
  • For payment certification, please submit a completed form, a sufficiently stamped and self-addressed envelope, and a crossed cheque for HK$30 per copy made payable to "HKU SPACE" to any of our enrolment centres.