Attended the Polish International Financial Technology Conference and Met with the Swiss Financial Market Supervisory Authority
Representatives from the FSC and KNF shared their experiences on fintech development through a meeting organized by the KNF. The KNF also arranged a representative from the FSC to speak on the main stage and accept media interviews during the international fitech conference. The issues discussed by the two parties include the operation of the regulatory sandbox, open banking, mobile payment, challenges encountered and the construction of a global network. The FSC also introduced the current situation of Taiwan''s fintech development, which strengthened Polish representatives’ understanding of Taiwan market and deepened bilateral cooperation. In addition, it was the first time that the FSC exchanged ideas and experience of fintech development issues with the FINMA. The two sides discussed issues such as approaches facilitating fintech startups, licensing exemption mechanism, and initial coin offerings, which helps bridge the two sides for future information sharing and mutual cooperation.