Archive

Investment in the fintech sector has remained strong even in the face of turmoil and volatility in global markets and despite macroeconomic concerns. Demand for fintech innovations by financial institutions has continued to grow.

FinTech can bring numerous benefits to both consumers and businesses. . Fintech has grown for several reasons: changes in expectations about financial services and consumer behaviour; a more affordable infrastructure spurred by Artificial Intelligence (AI), big data and cloud computing; digital currencies and mobile technologies and their effect on reducing barriers to entry to the financial services industry. Fintech, thus, has continued to transform the global financial landscape. On the other hand, FinTech innovations can pose risk for consumers and businesses, with the increasing need of protecting the privacy of customers’ information in an online environment.

In this context, China has been at the forefront of the industry’s growth. China is the largest fintech market in the world, in 2018 it accounted for 46% of all fintech investments globally. China had the right conditions to promote this incredible development: traditional banking systems were not well-developed and the regulatory environment was far less constraining towards fintech businesses. These two factors combined boosted the industry in China.

The European Chamber is pleased to invite renown experts of the industry to offer insights, trend analysis and predictions for the evolution of the sector, as well lessons to be learnt from the Chinese model. We welcome Dr. Bonnie Buchanan, Head of Department of Finance and Accounting, Professor of Finance, University of Surrey (United Kingdom), Michael Moon, Managing Director, Payments & Trade Markets, Asia Pacific, SWIFT, Piyush Singh, Managing Director, Head of Financial Services Asia Pacific and Africa, Accenture, and Diego Garcia Fernandez, Head of Business Development Alipay Spain Wallet. and David Wen, Professor at the International Business School at Zhejiang University. Join us Thursday 3rd September, 4:00am-5:15pm (GMT+8) online via Zoom.

  • 2020-09-03 | 16:00 - 17:15
  • Online - Zoom Online Meeting Platform and in-person from the European Chamber Shanghai Office

Amidst rising political tension between the U.S. and China, China's financial sector has been undergoing accelerating transformation towards further opening-up its €39 trillion financial services industry, where even a small fragment of the market may be lucrative. In this sense, the upcoming event comes to show a model example of a foreign company seizing an opportunity and leading the way in what it was an untapped market for foreign companies until now.

The European Chamber is pleased to invite you to the second event of the series "The Future of Finance", which will take place on Monday 10th August 2020 at 4pm (GMT+8) and where Fritz Quinn, VP, Public Affairs and Communications, Japan, Asia Pacific and Australia at American Express, will share with participants American Express' experiencing obtaining the approval for their clearing license in China.

  • 2020-08-10 | 16:00 - 17:00
  • Online - Zoom Online Meeting Platform

As the financial services market in China continues to open up to foreign firms, foreign banks, insurers, and asset & wealth managers, interesting opportunities begin to arise. There are a number of challenges along the entire life-cycle, from the outset of thinking through the optimal entry strategy, to designing the operating model, through to navigating the local regulatory regime, and eventually building and scaling up a profitable franchise in China.
The European Chamber is delighted to invite you to the first event of the series "The Future of Finance", which will take place on Monday 27th July 2020 at 5pm (GMT+8). Participants can join online via Zoom or in person from the Shanghai Chapter of the European Chamber.

  • 2020-07-27 | 17:00 - 18:30
  • Either offline attendance in the Chamber's office or online through Zoom

The US-China relation has been in turmoil as of recent. The trade war gave way to the US-China Phase One Trade Deal which has helped accelerate some opening in the financial services sector. However, as the relationship is further subjected to a lot of strain, doubts remain in the horizon about what fruits will bear this tension and what impact will the financial services sector take. This event tries to tackle this and much more, explaining in detail possible scenarios that we need to consider and be ready for. To present a detailed picture of the situation we will count with the expertise of Michael Hirson who leads Eurasia's Group's coverage of China.
Register here online or email Pablo Galvez at pgalvez@europeanchamber.com before Sunday, 28 June, COB. For Shanghai, you can either attend the event offline at the office or online through Zoom. Let me know whether you would like to attend it offline or online. You will receive a confirmation email containing the link to join the meeting via Zoom after registration closes.

  • 2020-06-29 | 09:00 - 10:30
  • Either offline attendance in the Chamber's office or online through Zoom
Members only

The US-China relation has been in turmoil as of recent. The trade war gave way to the US-China Phase One Trade Deal which has helped accelerate some opening in the financial services sector. However, as the relationship is further subjected to a lot of strain, doubts remain in the horizon about what fruits will bear this tension and what impact will the financial services sector take. This event tries to tackle this and much more, explaining in detail possible scenarios that we need to consider and be ready for. To present a detailed picture of the situation we will count with the expertise of Michael Hirson who leads Eurasia's Group's coverage of China.
Register here online or email Pablo Galvez at pgalvez@europeanchamber.com before Sunday, 28 June, COB. You will receive a confirmation email containing the link to join the meeting via Zoom after registration closes.

  • 2020-06-29 | 09:00 - 10:30
  • Online - Zoom (Link to be sent upon confirmation/registration)
Members only
17
Jun

At this meeting, Andrew Polk, Co-Founder and Partner, Trivium and Long Chen, Co-Founder and Partner, Plenum will present their understanding of the opening up of the Chinese financial sectors, and the great uncertainty seen in the first half of 2020. They will also offer their insight on how consumer finance and insurance providers and banks can navigate the current hybrid regulatory environment.

  • 2020-06-17 | 09:00 - 10:30
  • Zoom meeting (online or via call in) /European Chamber Office Beijing, 4th Floor, Room C405
Members only
17
Jun

At this meeting, Andrew Polk, Co-Founder and Partner, Trivium and Long Chen, Co-Founder and Partner, Plenum will present their understanding of the opening up of the Chinese financial sectors, and the great uncertainty seen in the first half of 2020. They will also offer their insight on how consumer finance and insurance providers and banks can navigate the current hybrid regulatory environment.


  • 2020-06-17 | 09:00 - 10:30
  • Zoom meeting (online or via call in) /European Chamber Office Shanghai, Unit 2204,
Members only

In recent years, there is an increasing array of issues related to the field of cybersecurity, data and cloud servicing that are having a very significant impact on the Banking industry. The purpose of this meeting is to shed light into some of these problems, the current regulatory framework, the impact on foreign banks, ways to improve the situation and discuss what banks can do to mitigate some of the problems.

  • 2020-05-20 | 09:00 - 10:40
  • Online - Zoom (Link to be sent upon confirmation/registration)
Members only

In recent years, there is an increasing array of issues related to the field of cybersecurity, data and cloud servicing that are having a very significant impact on the Banking industry. The purpose of this meeting is to shed light into some of these problems, the current regulatory framework, the impact on foreign banks, ways to improve the situation and discuss what banks can do to mitigate some of the problems.

  • 2020-05-20 | 09:00 - 10:40
  • Online - Zoom (Link to be sent upon confirmation/registration)
Members only
30
Mar
Shanghai > Working Group Meeting

Banking & Securities Chairs Election

The Banking & Securities Working Group will hold Chair elections on March 30.
The Chairperson and Vice Chairs play a crucial role in driving the Working Group, including a leading role in the drafting of the annual Position Paper, in communicating key messages to Chinese and European government authorities, and in steering activities of the Working Group. The ideal Chair and Vice Chair is a senior industry representative with relevant expertise and government contacts who has the time and willingness to support the Working Group for 12 months. Previous participation in the Working Group is essential. Before applying for the position of Chair or Vice Chair, we recommend that you obtain approval from your company.
The maximum duration of the Chairperson and Vice Chairperson position is three consecutive years. Only candidates who are physically based in China are eligible to run for Chair or Vice Chair positions.
The Banking & Securities Working Group is going to elect one Chair and two Vice Chairs (one in Beijing and one in Shanghai).

  • 2020-03-30 | 16:00 - 17:00
  • Zoom meeting (online or via call in)
Members only