Organised by PolyFinTech100, a pan-poly initiative comprising all 5 local polytechnics in Singapore, and supported by The Monetary Authority of Singapore (MAS), to develop and nurture Fintech talent.

The 5 category champions will be pit against each other in this exciting Grand Finals to win the title of Grand Champion:
- Team EFT from Ngee Ann Polytechnic (Decentralised Finance)
- Harvest Inc from Singapore Polytechnic (Tokenisation for Real-World Assets)
- Team Rare Fleur Industries Pte. Ltd. from Ngee Ann Polytechnic (RegTech)
- Equilibrium from Ngee Ann Polytechnic (InsurTech)
- rm -rf * from Singapore Polytechnic (Generative AI)

Financial institutions, supervisors, and academia around the world recognize that extreme climate events, as well as a disorderly transition to a low-carbon economy, could have destabilizing effects on the financial system. Climate-related financial risks, stemming from physical and transition risks, pose new challenges to financial authorities and institutions because they are subject to substantial uncertainty, long time horizons and tail-risk. The possible simultaneous occurrence of climate-risks across multiple jurisdictions and sectors also has implications for financial soundness.

To better understand how these climate-related physical and transition risks affect financial soundness, the BIS Innovation Hub Singapore Centre is hosting a roundtable at the Singapore FinTech Festival. The roundtable brings together central bankers, industry experts, and thought leaders from academia and the private sector to advance the discourse on how to bolster the financial sector’s resilience to environmental risks.

The roundtable discussion is split into two parts. In the first, participants will provide insights on both private and public sector programs/projects and use cases to bolster the resilience of financial institutions to environmental risks. In the second, participants will look ahead and share their views on how we can further develop our efforts to prepare financial institutions for the climate-related challenges to come.