Money20/20 Asia hosted a high-level closed-door roundtable in Bangkok, uniting regulators from across Asia to chart a path for fintech collaboration, data harmonisation, and consumer protection. The forum emphasized a step-by-step strategy for regional cooperation to unlock the full potential of open finance.
THAILAND, 23 APRIL 2025 – A landmark gathering of regulatory leaders from across Asia took place yesterday at Money20/20 Asia, where central banks and financial authorities convened for a closed-door roundtable aimed at advancing fintech development through cross-border cooperation, data sharing, and regulatory alignment.
Held at Queen Sirikit National Convention Center (QSNCC) in Bangkok, the session brought together senior representatives from institutions across seven Asian countries under the theme: “Regional Fintech Development on Data Sharing, Harmonisation & Cooperation.” The session ran from 11:00 a.m. to 3:00 p.m. and followed a structured “Tour de Table” format, which allowed for candid exchanges on national priorities, challenges, and innovation pathways in open finance.
Key takeaways from the discussion included:
- Stronger regional collaboration is essential to drive fintech adoption and enhance financial inclusion.
- A phased strategy for regional cooperation: 1) Strengthening domestic data systems, 2) Exploring bilateral collaborations, and 3) Pursuing broader multilateral partnerships.
- Regulators must lead proactive efforts in enabling safe data sharing and harmonisation.
- Consumer data privacy remains a central pillar of all regional fintech initiatives.
- Continued regulatory dialogue is critical for understanding diverse approaches and fostering mutual trust.
Participating regulatory bodies included:
- Bangladesh Bank
- Bank Indonesia
- Bank of Thailand
- Bangko Sentral ng Pilipinas (BSP)
- Central Bank of Sri Lanka
- Hong Kong Monetary Authority (HKMA)
- Labuan Financial Services Authority (FSA)
- Securities and Exchange Commission (SEC) of the Philippines
- Securities and Exchange Commission (SEC) of Thailand
- Securities Commission Malaysia (SC)
“In this pivotal moment for Asia’s fintech evolution, our goal is to facilitate a trusted space for regulators to align on shared opportunities while respecting market uniqueness,” said Ian Fong, VP Content, Asia, Money20/20. “This roundtable marks the beginning of deeper, more strategic collaboration that can shape a more inclusive and innovative financial landscape.”
Money20/20 Asia continues through this week, featuring global thought leaders, innovators, and regulators shaping the future of financial services in the region.
