Organization:Fintech Association of Sri Lanka

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Fintech Association of Sri Lanka
Fintech Association of Sri Lanka Logo.png
Founded2018
TypeNon-Governmental Organisation
FocusFintech
Location
  • World Trade Center Colombo
Area served
Sri Lanka and wider Asia (by collaborations)
Key people
Rajkumar Kanagasingam, President
Suranga Mendis, Vice President
Rifas Raseek, General Secretary
Websitewww.srilankafintech.org

FinTech Association of Sri Lanka (FASL) is an independent, not-for-profit cross-industry organisation representing Sri Lankan and the global FinTech community to support the development, innovation and investment in the FinTech sector.[1][2][3][4][5]

FASL is closely collaborating with the Central Bank of Sri Lanka (CBSL) on fintech-related issues; and a number of fintech events related to FASL were represented by CBSL.[6][7][8][9]

History

Establishing ‘Fintech Association of Sri Lanka’ was initiated at the ‘Fintech Meetup’ of the ‘Asia-Pacific Executives Forum’ which was held at Hilton Colombo in 2018; where the Central Bank of Sri Lanka Assistant Governor also participated and delivered a speech on regulatory role of Central Bank on Fintech.[10][11]

Governance

FASL is governed by an executive committee that consists of a president, vice president, general secretary and other committee members. The executive committee is advised by an advisory board consisting of industry experts.[12]

Collaborations and joint initiatives

  • FASL is an MoU-signed partner of the Fintech Associations in Singapore, Hong Kong, Japan , the Philippines, etc.[13][14][15] and ASEAN Financial Innovation Network.[13]
  • FASL was a community partner, supporter institution or regional co-organiser for various fintech summits in the region including Shanghai, Singapore, Hong Kong, Vietnam, Mumbai , Dubai, Colombo including Singapore FinTech Festival, Hong Kong FinTech Week and Asia Smart App Awards.[13][14][16][17][18]
  • FASL partnered a fintech seminar, hosted by The University of Hong Kong.[14][19][20][21]
  • FASL organised regular Fintech workshops (based on HKU FinTech of The University of Hong Kong) at Hilton Colombo.[14][22][23][24]
  • FASL organised ‘Lithuanian fintech meetup’ in Colombo in collaboration with the Lithuanian Embassy in New Delhi and HatchX, a fintech accelerator in Sri Lanka.[25]
  • FASL has launched an initiative to draft a report titled, ‘Enhancing Colombo International Financial City (Port City Colombo) as a Leading Fintech Hub in South Asia’ to submit to the President of Sri Lanka; the initiative is being assisted by a number of fintech experts globally and Professor Douglas Arner, Kerry Holdings Professor in Law at the University of Hong Kong (HKU) as the chief consultant.[26]

See also

  • Central Bank of Sri Lanka (CBSL)

References

  1. ↑ "Lanka to host 'Asia Fintech Night' in Dec.". Daily News (Sri Lanka). July 7, 2020. https://www.dailynews.lk/2020/07/07/finance/222477/lanka-host-‘asia-fintech-night’-dec. 
  2. ↑ "Sri Lanka:CBSL to Introduce Fintech Regulatory Framework". Regulation Asia. October 6, 2020. https://www.regulationasia.com/sri-lanka-central-bank-to-introduce-fintech-regulatory-framework/. 
  3. ↑ "【Global Partnership】Fintech Association of Japan concluded a Memorandum of Understanding (MOU) with FinTech Association of Sri Lanka". Fintech Association of Japan. October 7, 2019. https://fintechjapan.org/news_english/8687/. 
  4. ↑ "University of Hong Kong and Standard Chartered Bank launch HKU-SCF FinTech Academy". Daily FT. May 26, 2020. https://www.ft.lk/Financial-Services/University-of-Hong-Kong-and-Standard-Chartered-Bank-launch-HKU-SCF-FinTech-Academy/42-700673. 
  5. ↑ "FinTech Association of Sri Lanka". Centre for Finance, Technology and Entrepreneurship. https://courses.cfte.education/our-partners/fintech-association-of-sri-lanka/. 
  6. ↑ "Fintech Association of Sri Lanka holds awareness workshop". Daily FT. January 24, 2019. https://www.ft.lk/IT-Telecom-Tech/Fintech-Association-of-Sri-Lanka-holds-awareness-workshop/50-671533. 
  7. ↑ "Promoting fintech". Daily FT. May 7, 2019. https://www.ft.lk/Financial-Services/Promoting-fintech/42-677714. 
  8. ↑ "FASL and SFA sign MOU in Singapore". Daily FT. April 26, 2019. https://www.ft.lk/IT-Telecom-Tech/FASL-and-SFA-sign-MOU-in-Singapore/50-677018. 
  9. ↑ "'Chain Plus: Asia-Pacific Blockchain New Finance Summit' held in Singapore". Daily FT. April 24, 2019. https://www.ft.lk/Financial-Services/Chain-Plus-Asia-Pacific-Blockchain-New-Finance-Summit-held-in-Singapore/42-676880. 
  10. ↑ "Fintech Meetup of Asia-Pacific Executives Forum held at Hilton Colombo". Daily FT. August 10, 2018. https://www.ft.lk/IT-Telecom-Tech/Fintech-Meetup-of-Asia-Pacific-Executives-Forum-held-at-Hilton-Colombo/50-660570. 
  11. ↑ "Fintech Meetup of the Asia-Pacific Executives Forum held". Daily News (Sri Lanka). July 31, 2018. http://www.dailynews.lk/2018/07/31/business/158334/fintech-meetup-asia-pacific-executives-forum-held. 
  12. ↑ "FASL". Fintech Association of Sri Lanka. https://www.srilankafintech.org/. 
  13. ↑ 13.0 13.1 13.2 "Channa De Silva appointed adviser to FASL". Daily FT. July 8, 2021. https://www.ft.lk/financial-services/Channa-De-Silva-appointed-adviser-to-FASL/42-720159. 
  14. ↑ 14.0 14.1 14.2 14.3 "Jeevan Gnanam appointed adviser to FASL". Daily FT. January 30, 2020. https://www.ft.lk/IT-Telecom-Tech/Jeevan-Gnanam-appointed-adviser-to-FASL/50-694649. 
  15. ↑ "FASL and FTAHK signs MOU in Hong Kong". Daily FT. 25 June 2019. http://www.ft.lk/financial-services/FASL-and-FTAHK-signs-MOU-in-Hong-Kong/42-680624. 
  16. ↑ "FinX Awards 2019 a success". Daily FT. 9 October 2019. https://www.ft.lk/IT-Telecom-Tech/FinX-Awards-2019-a-success/50-687264. 
  17. ↑ "Hong Kong Fintech Week to begin on November 4". Daily Mirror (Sri Lanka). October 17, 2019. https://www.pressreader.com/sri-lanka/daily-mirror-sri-lanka/20191017/282368336413280. 
  18. ↑ "Dr. Mohamed Irshad appointed as coordinator of FASL and FinTech courses". Daily FT. July 1, 2019. https://www.ft.lk/financial-services/Dr--Mohamed-Irshad-appointed-as-coordinator-of-FASL-and-FinTech-courses/42-680982. 
  19. ↑ "HKU host seminar on STO and RET". Daily News (Sri Lanka). 27 June 2019. https://www.dailynews.lk/2019/06/27/finance/189491/hku-host-seminar-sto-and-ret. 
  20. ↑ "Hong Kong seminar focuses on STO landscapes in HK, Singapore and Sri Lanka". The Daily Mirror (Sri Lanka) via PressReader. 8 July 2019. https://www.pressreader.com/sri-lanka/daily-mirror-sri-lanka/20190708/282540134897951. 
  21. ↑ "Real Estate Tokenization - Challenges and Opportunities in Hong Kong". University of Hong Kong. June 21, 2019. https://www.law.hku.hk/events/real-estate-tokenization-challenges-and-opportunities-in-hong-kong/. 
  22. ↑ "FASL conducts 'Professional Certificate in Fintech and Blockchain'". The Daily Mirror (Sri Lanka) via PressReader. 4 November 2019. https://www.pressreader.com/sri-lanka/daily-mirror-sri-lanka/20191104/282522955271900. 
  23. ↑ "FASL conducts 'Professional Certificate in Fintech and Blockchain'". Daily FT. 5 November 2019. http://www.ft.lk/financial-services/FASL-conducts-Professional-Certificate-in-Fintech-and-Blockchain/42-688977. 
  24. ↑ "FASL completes fourth batch of 'Introduction to Fintech'". Daily FT. July 29, 2019. https://www.ft.lk/it-telecom-tech/FASL-completes-fourth-batch-of--Introduction-to-Fintech-/50-682811. 
  25. ↑ "Lithuanian fintech meetup in Colombo". Daily FT. December 21, 2021. https://www.ft.lk/it-telecom-tech/Lithuanian-fintech-meetup-in-Colombo/50-727911. 
  26. ↑ "Colombo Int’l Financial City as top fintech hub - FASL" (in en). 2023-10-09. https://www.dailynews.lk/2023/10/09/business/159019/colombo-intl-financial-city-as-top-fintech-hub-fasl/. 

External links



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