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The Korean monetary providers fee and the Seoul metropolitan authorities have introduced plans to take a position $16 million in coaching digital finance specialists for 4 years on Feb. 12. The appliance interval to win the grant is March 4-6.
Particulars of the brand new program
The FSC defined that the demand for specialists in monetary know-how is growing. This system goals to make sure academic alternatives for the following era of fintech professionals.
This system goes to begin the second half of 2020 and can run till 2023 within the monetary heart in Yeouido district within the capital, Seoul. It’s open to workers at monetary corporations, founders of fintech corporations and different job seekers within the sector.
There are two curriculums for candidates to select from: diploma and non-degree applications. The Grasp’s diploma program will recruit 80 college students per yr, whereas the non-degree digital finance skilled coaching program can be open to 160 college students with conditional monetary assist.
The contents of the course are superior theories and hands-on programs for intensive research of digital finance-related fields together with huge knowledge, cloud, and blockchain.
South Korea is pushing the fintech sector shifting ahead
Within the current two years, The Korean Monetary Providers Fee has made main breakthroughs in fintech laws, together with the Particular Act on Web-only Banks, the Fintech Innovation Assist Act and the Act on Peer-to-Peer Lending. In the identical announcement, the Monetary Providers Fee stated that:
“The regulatory sandbox was launched beneath the Fintech Innovation Assist Act, and a complete of 77 ‘revolutionary monetary providers’ have been designated as of December 18, 2019 for testing their concepts with regulatory exemptions. The federal government will additional develop the fintech business in areas reminiscent of open banking and personal knowledge enterprise within the close to future.”
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