HKUST Signs MoC with China Banking Association, Shenzhen University, and China Construction Bank University to Co-develop First FinTech Qualification Framework in China

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(1)HKUST Signs MoC with China Banking Association, Shenzhen University, and China Construction Bank University to Co-develop First FinTech Qualification Framework in China 2019-07-15. The Hong Kong University of Science and Technology (HKUST) signed a Memorandum of Cooperation (MoC) with the China Banking Association, Shenzhen University, and the China Construction Bank University to co-develop a professional qualification for Fintech practitioners in China. This collaboration manifests a pioneering effort between Mainland China and Hong Kong to establish a nation-wide qualification framework and enhance professionalism for the fastmoving FinTech industry. As a major FinTech intellectual powerhouse in Asia, HKUST Business School is not only undertaking a major government-funded research project on FinTech, but also offering training programs to nurture talent for the industry. With unrivaled knowledge in the field, HKUST is the only institution from Hong Kong represented in this meaningful cross-border collaboration. “Capitalizing on the combined strengths and resources of all parties, the MoC will define the measurements of success for practitioners, and as a result benefit China including Hong Kong by helping the industry propel forward,” said Prof. TAM Kar Yan, Dean of HKUST Business School. “Our School will play a leading role in curriculum design, developing a certificate classification system, and promoting the qualification in collaboration with our partners, among others.” In response to a strong demand for FinTech talent in China, all four parties will work closely together for an industry-recognized professional qualification, including its assessment, training, quality assurance, and influence across the nation and beyond. About HKUST. The Hong Kong University of Science and Technology (HKUST) (www.ust.hk) is a world-class research university that focuses on science, technology and business as well as humanities and social science. HKUST offers an international campus, and a holistic and interdisciplinary pedagogy to nurture well-rounded graduates with global vision, a strong entrepreneurial spirit and innovative thinking. HKUST.

(2) attained the highest proportion of internationally excellent research work in the Research Assessment Exercise 2014 of Hong Kong’s University Grants Committee, and is ranked as the world’s best young university in Times Higher Education’s Young University Rankings 2019. Its graduates were ranked 16th worldwide and top in Greater China in Global Employability University Survey 2018. About the China Banking Association (CBA) CBA (www.china-cba.net/) is a non-profit organization comprised of commercial. banks registered in China and policy banks. With a forward-looking, flexible and effective communication and co-ordination mechanism, the association connects members to promote innovation and joint initiatives. About Shenzhen University (SZU). Established in the Shenzhen Special Economic Zone, SZU (en.szu.edu.cn) provides backbone and high-end talent training, intellectual services, and technological developments. With its geographical and local advantages and faculty strength, SZU capitalizes on the economic and social development of the Greater Bay Area, to promote internationalization, reform and creativity, fostering a new generation of innovative and entrepreneurial talent. About the China Construction Bank University (CCB University). CCB University is a corporate education platform and brand. Through the integration and interconnection of diverse education and training resources, it seeks to create a lifelong learning ecosystem. CCB University will play an active role in providing vocational education and training services to domestic financial institutions, deepening cooperation with local and overseas universities and enterprises, and forming a broad vocational education alliance, thereby contributing to the overall quality of the banking industry. For media enquiries, please contact: HKUST Business School. John Poon Tel: (852) 3469 2090 Email: [email protected] Clare Chan Tel: (852) 2358 8242 Email: [email protected] .

(3) (From left) Mr. ZHOU Gengqiang, Deputy Secretary General of the China Banking Association; Prof. TAM Kar Yan, Dean of HKUST Business School; Prof. XU Chen, Vice President of Shenzhen University; and Mr. WANG Ye, President of Shenzhen Branch of China Construction Bank.

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