Kullarat Phongsathaporn has participated in numerous pro bono activities related to financial technology (FinTech) and regulatory issues. These include:
- Sharing sessions on topics like real estate tokenization, UK-Thailand FinTech collaboration, and Covid-19 vaccine support initiatives.
- Seminars organized by groups like the Taiwan FinTech Association, Central IP & IT Court, and AMLO on FinTech developments, regulations, and other topics.
- Knowledge sharing sessions for the Bank of Thailand on issues like digital assets and FinTech regulations.
- International conferences on subjects such as the digital economy and commercial opportunities organized by chambers of commerce.
- Workshops run
12. B16: Asia Pacific Ireland Business Forum 2018
by Irish Thai Chamber of Commerce
13. B17: "The New Digital Economy: Creating Thailand-U.S. Commercial Opportunities" Conference
by U.S. Chamber of Commerce, the Thai Chamber of Commerce, and AmCham Thailand
14. B18: 7th BOT Connection Day: Challenges for government authorities
in supervising FinTech by BOT
15. B18: 7th BOT Connection Day: Challenges for government authorities
in supervising FinTech by BOT
16. B21: Knowledge sharing session by BOT on FinTech regulations
1
FinTech regulations
**แชร์ข้อมูล throw some ideas, ปรับกับไทย, มุมมองจากindustry **
1. blockchain and smart contracts
a. Regulation approaches - Regulate? How? (from light touch to highest)
a. EU and SG
i. Regulation should follow, not lead, innovation – DLT adoption does not yet
warrant regulatory intervention or amendment
b. HK
i. unclear if risk/legal issues re DLT can be adequately dealt with using
"technology neutral stance" as in today
c. UK
i. FCA said it has been ‘technology neutral’ and decided against regulating
certain technologies.
ii. However, blockchain currently does not fit with certain regulations
iii. The FCA does not see a “clear need to consider changes to our regulatory
framework for blockchain solutions to be implemented” at this stage.
iv. To assess the potential risks with regulating blockchain, the FCA has asked
participants to consider if the technology fits with the current regulatory
framework.
v. The consultation ends on 17 July this year and the FCA will release its
findings.
vi. Their approach: Regulation evolve in parallel with technology consider
both technical code and legal code
d. Gibraltar
i. Gibraltar Financial Services Commission has announced that it will introduce
regulations to regulate "blockchain businesses".
ii. Principles
1. Conduct its business with honest and integrity
2. Pay due regard to the interest and needs of its customers
3. Maintain adequate financial and non-financial resources
4. Manage and control risks
5. Protection of client assets
6. Corporate governance (mind and management of the firm in
Gibraltar)
7. Security systems
8. Financial crime systems
9. Contingency plans
iii. Covered: Businesses using blockchain for the transmission or storage of
value belonging to others and does so by way of business ICOs,
custodians, exchanges.
iv. Effective: 1 Jan 18
b. Technical standards -
a. Private organizations in several countries like US, UK, Australia are getting together
to work on the ISO international standards for blockchain.
b. Standard Australia - Roadmap for development of blockchain standards by ISO/TC
307 Blockchain and electronic distributed ledger technologies.
c. The development of International Standards to support privacy, security, identity,
smart contract, governance and other matters related to blockchain technology may
contribute to further establishing market confidence in the use and application of the
technology
(Click image for full speaking notes)
19. B22: Financial Technology for Development Workshop by USAID
FRONTIERS LEARNING SERIES: FINANCIAL TECHNOLOGY FOR DEVELOPMENT WORKSHOP
FRONTIERS LEARNING SERIES
Financial Technology for Development Workshop
February 27-28, 2017 • Bangkok, Thailand
WORKSHOP AGENDA
Day 1: Monday, February 27, 2017
8:00am – 8:45am Registration
8:45am – 9:00am
9:00am – 9:05am
9:05am – 9:30am
Opening Remarks
Todd Sorenson, Acting Mission Director, USAID/RDMA
Objectives of the Workshop
Kevin Martin, Deputy Team Lead, Technical Advisory Group, USAID/RDMA
Introduction: Setting the Stage
Evan Voshell, Event Lead, Social Impact
Jost Wagner, Facilitator, Social Impact
SESSION 1: THE RISE OF FINTECH
9:30am – 10:00am Presenter:
Brooke Patterson, Digital Development Asia Regional Advisor, Digital Development, U.S. Global
Development Lab
SESSION 2: FINTECH: A WINDOW INTO THE FUTURE
10:00am – 10:45am Panelists:
Amarit Charoenphan, Group CEO and Co-Founder, HUBBA & TechSauce
Kelvin Lee, Vice President and Head of Processing (South-East Asia), MasterCard Asia Pacific
Neal Cross, Chief Innovation Officer, DBS Bank
Steve Tunstall, CEO and Co-Founder, Inzsure
Moderator: Kevin Martin, Deputy Team Lead, Technical Advisory Group, USAID/RDMA
10:45am – 11:15am Networking Break
SESSION 3: SHOW ME THE MONEY: CONNECTING IDEAS TO MONEY IN THE SOCIAL AGE
11:15am – 12:15pm Presenters:
Jason Best, Co-Founder & Principal, Crowdfund Capital Advisors (CCA)
Sean Keogh, Director of Sustainable Investing, QED Group
12:15pm – 1:30pm Lunch Break
SESSION 4: FROM THE FIRST TO THE LAST MILE: ACTIVE APPROACHES PROMOTING DIGITAL
FINANCIAL INCLUSION
1:30pm – 2:30pm Presenters:
Dianne Rajaratnam, Regional Lead for Asia Pacific, Better Than Cash Alliance, United Nations
Fajar Adiwidodo, Asia Business Development Director, Entrepreneurial Finance Lab (EFL)
Juanita Woodward, Principal, Connecting the Dots
2:30pm – 3:00pm Networking Break
SESSION 5: TOOLS OF THE TRADE: EMPOWERING TECHNOLOGIES AND METHODOLOGIES FOR
THE FIELD
3:00pm – 4:45pm Presenters:
Dianne Rajaratnam, Regional Lead for Asia Pacific, Better Than Cash Alliance, United Nations
Josh Woodard, Regional ICT and Digital Finance Advisor, FHI 360
Max Kortrakul, Founder, StockRadars
Robin Gravesteijn, Data Management Specialist, UNCDF
4:45pm – 5:00pm Wrap-Up of Day One
Luke Zahner, Team Lead, Technical Advisory Group, USAID/RDMA
5:15pm – 7:00pm Networking Social Hour
(Click image for full programme schedule)
