What is Financial Practitioners FinTech Training Programme 2022?

Commissioned by Financial Services and the Treasury Bureau (the “FSTB”), the Hong Kong Cyberport Management Company Limited (the “HKCMCL”, the “Cyberport”) has launched The Financial Practitioners FinTech Training Programme 2022 (the “Programme”).

The Programme targets both the senior executives and execution teams of financial institutions such as banks, insurance companies, licensed corporations under Securities and Futures Commission of Hong Kong (the “SFC”) and The Mandatory Provident Fund Schemes Authority (the “MPFA”), with a view to deepening in-service financial practitioners’ understanding of Fintech, thereby promoting wider FinTech adoption by financial institutions, and further accelerating digital transformation of the financial services sectors.

Advisory Group for FinTech 2022-23 comprises of representatives from government, academia, financial service industry and non-government organisations to provide professional advice to the Programme.

The programme is divided into TWO SUB-PROGRAMMES : (1) Webinars Series and (2) Incentive Scheme. Details of the two programmes are listed below.

(1) Webinars Series

Eligibility:

Applicants must be financial institutions regulated by financial regulators, including The Securities and Futures Commission (the “SFC”), The Insurance Authority (the “IA”), The Mandatory Provident Fund Schemes Authority (the “MPFA”) and The Hong Kong Monetary Authority (the “HKMA”), and/or trade associations in the securities and insurance sectors.

(2) Incentive Scheme

Eligibility:

Applicants must be trade associations in the securities and insurance sectors.

(1) Webinars Series

The Webinars Series seeks to provide subsidies for financial practitioners to enroll FinTech training programmes tailored for the needs of in-service financial practitioners and decision-makers.

Subsidy:

The listed fee of the Webinars Series per head per session is HK$775 and it is fully subsidized by FSTB.
The programme is fully subsidized if and only if Cyberport Academy Attendance Policy is fully complied.

Recognition:

Participants could get e-Certificates with earned CPD credits.
Three awards are set up to encourage industry participation and subsequent implementation of FinTech solution. The awards will be presented at the graduation ceremony of the Programme.
- 1) FinTech Talent Development Award 2022.
- 2) FinTech Talent Award 2022.
- 3) FinTech Transformation Award 2022.

Graduation Ceremony

The FinTech Webinars Series has been completed and a Graduation Ceremony with award result announcement was conducted on 3 November 2022 , please click HERE to refer to the full list of awardees.

Future Study

Please refer to the list of FinTech Programmes available in Hong Kong for future study.

(2) Incentive Scheme

The Incentive Scheme is to deepen in-service financial practitioners’ understanding of Fintech, and allowing greater flexibility for financial services organisations to tailor-make training programmes specifically for their practitioners, thereby promoting wider FinTech adoption by financial institutions, and further accelerating digital transformation of the financial services sectors.

Eligibility:

Applicants must be trade associations in the securities and insurance sectors.

Subsidy:

Subsidy shall be provided to applicants on training production and operation expenses.

Subsidy covered items:

Training production and operation expenses

Maximum Subsidy Amount per Successfully Approved programme:

Up to HK$100,000

Requirement:

The Trade Association specific training programmes must be knowledge transferred basis and FinTech related, and the expected individual attendees per training programme should be at least 50.
Training programmes must be held and finished by 31 October 2022 after the announcement of successful applicants according to vetting results.

Schedule of Application for Incentive Scheme

The first batch application due date:
Application Period:	25 February 2022 – 31 March 2022
Vetting Session:	mid- April 2022
Result Announcement:	early May 2022

The second batch application due date:
Application Period:	14 April 2022 – 27 May 2022
Vetting Session:	June 2022
Result Announcement:	end of June 2022

Application of Incentive Scheme [Application Closed]

Please refer to the Application Guideline of Incentive Scheme for more details. To apply, please download the Application Form and submit the form by email to fp@cyberport.hk

Application Form (Trade Association)

Vetting Team:

Chairman:

Professor Kar Yan Tam, Dean of Business and Management, The Hong Kong University of Science and Technology

Secretary:

Mr. Eric Chan, Chief Public Mission Officer, Hong Kong Cyberport Management Company Limited

Vetting team members:

Mr. Rocky Cheng, Chief Information Officer, Bank of China (Hong Kong) Limited and President of Hong Kong Computer Society
Mr. Angus Choi, Former Chief Executive Officer, JETCO
Ms. Ruth Kung, Chief Executive of The Hong Kong Securities and Investment Institute
Prof. TW Lam, Head Department of Computer Science, The University of Hong Kong, and Executive Director, HKU-SCF FinTech Academy
Ms. Selina Lau, Chief Executive, The Hong Kong Federation of Insurers
Ms. Carrie Leung, Chief Executive Officer, The Hong Kong Institute of Bankers
Mr. Ken Lo, Co-Founder and Chief Strategy Officer at HKbitEX and Adjunct Assistant Professor of The Chinese University of Hong Kong
Mr. Fred Ngan, Co-founder and Co-CEO, Bowtie Life Insurance Company Limited
Mr. Desmond Wu, Principal Assistant Secretary for Financial Services & the Treasury (Financial Services)

Each vetting comprises at least four members (including one Vetting Team Leader).

Result Announcement

Result Announcement of Batch 1

Result Announcement of Batch 2

Reimbursement and Amendment

Reimbursement Form

Amendment Form

About Cyberport - FinTech Hub of Hong Kong

Amid the wave of FinTech innovation, Cyberport is the key force spearheading and shaping Hong Kong's FinTech development. Backed by the HKSAR Government, Cyberport is the digital technology flagship in town committed to inspiring innovation, nurturing entrepreneurs, and attracting global talent, partners and companies to Hong Kong for collaborations and business opportunities. After over a decade of dedicated effort, Cyberport has developed into a mature and vibrant digital technology ecosystem, now home to more than 900 technology enterprises, including MNCs such as Microsoft, Lenovo, and IBM.

We also house over 380 FinTech companies that are engaged in such diverse areas as blockchain, cybersecurity, AI, big data, wealth management and transaction engineering. It is the largest FinTech community in the territory. The critical mass gathered testifies to Cyberport's leadership and makes it the industry's focal point - investors come to look for high flyers, banks and financial institutions to seek collaboration and adoption, business and the public to learn about innovative solutions, and overseas governments to launch bilateral partnerships.

For more info about Cyberport, please visit official website at http://www.cyberport.hk

Enquiry

Hong Kong Cyberport Management Company Limited

Email: fp@cyberport.hk