Digital Financial Services Supervision (CFS Level 2)

Certified Financial Supervisor (CFS) Level 2: Digital Financial Services Supervision

Open for registration. Contact Us for more info.
Online, Zoom
Sep 16th - Sep 20th, 2024
07:00AM - 11:30AM

(Timezone: EST)

Eastern Standard Time UTC - 5

Chuin Hwei Ng

Senior Program Director

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Program Description

This program will empower supervisors to better understand Digital Financial Services (DFS) and the implications of these emerging technologies. DFS have grown rapidly in many countries, offering the potential to increase financial inclusion and spur innovation and competition in the financial sector.

Participants will learn through group activities and case studies how to assess the risks in DFS products and processes, the potential threats to financial stability and market conduct mandates, and how to formulate an appropriate supervisory strategy. 

For any questions, please contact the program coordinator, Evelyn Careta:

Program Agenda

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Quizzes and an examination will be administered during the program for all participants.


Participants from ODA* Countries

Regular fee: US$1,225

Early bird fee: US$925

Register by July 12 and receive an early bird discount of US$300.

*Please refer to the Official Development Assistance (ODA) recipients list here.


Participants from Non-ODA Countries

Program fee: US$1,500

No early bird discount is available.


Participants are expected to join an icebreaker session, with a date to be announced. This will be a good opportunity for participants to virtually meet and network with their international peers.


Pre-reading will be required. Materials will be sent out to registered participants at least two weeks before the program starts.


This program is open for registrations.

Who Should Attend

Mid-to senior-level supervisors and regulators supervising the banking, securities, insurance sectors, including digital financial services in those sectors.

This program is a level 2 program for participants currently pursuing our Certified Financial Supervisor (CFS) designation. If you are interested in enrolling in the CFS designation, please fill out this application.

This program is also open to participants who are not pursuing the CFS designation.

Participants should have at least three years of working experience in supervision, analysis, or policy, and be proficient in English.

Topics Covered
  • Regulatory and supervisory mandates and perimeters for DFS supervision
  • Risk assessments of DFS products and processes
  • On-site and off-site supervision
  • Data collection
  • Agent network supervision
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