Ant Group to Launch Financial Legal Master’s Programme

Ant Group, the fintech affiliate of Alibaba, is planning to launch a financial legal master’s programme in partnership with the University of Science and Technology of China (USTC). This move comes as the company aims to strengthen its regulatory compliance and fend off the Chinese government’s tightened control over fintech firms.

Ant Group Partners with USTC

Ant Group is partnering with the University of Science and Technology of China to launch a financial legal master’s programme. The course will focus on laws and regulations in finance, fintech, and digital economies. This move is seen as a strategic step for Ant Group to better meet the regulatory requirements of the fintech industry.

A Response to Regulatory Pressure

The launch of this programme comes amid increased regulatory scrutiny on fintech firms in China. The Chinese government has been tightening its regulations to prevent financial risks associated with fintech companies. Ant Group’s new programme is seen as a way for the company to strengthen its regulatory compliance and avoid potential conflicts with Chinese authorities.

Master’s Programme Details

The master’s programme will be open to students worldwide. It aims to cultivate talents who can address legal and regulatory challenges in the rapidly evolving fintech and digital economy sectors. The curriculum will include courses on finance law, fintech law, and digital economy law. The programme will also provide students with internships and job opportunities at Ant Group.

The launch of the financial legal master’s programme by Ant Group signifies the company’s strategic move to strengthen its regulatory compliance amid the Chinese government’s tightened control over fintech firms. It also opens opportunities for future fintech talents to be well-versed in the evolving legal and regulatory landscape of the digital economy.