Showing Results For Tag: sandbox

Sandbox Program on the Horizon for US Fintech
Wednesday, October 12th, 2016

A ‘Fintech Sandbox’ is a technology environment where companies/firms would work in close partnership with regulators to develop their ideas and technology without the red tape that may inhibit their potential growth. In the UK, France, Singapore, Hong Kong and Australia, regulators have already or are currently laying the groundwork for a such a Sandbox… Read more…

Hong Kong Creates a Fintech Sandbox for Banks
Friday, September 16th, 2016

The Hong Kong Monetary Authority (HKMA) last week announced the launch of a financial technology sandbox, to allow banks to test new innovative products that do not yet meet compliance standards. The new regime is valid as of September 6. The announcement comes a few months following similar action by various governments around the world,… Read more…

Liquidity, Aggregators and the Secondary Market
Thursday, August 18th, 2016

The adoption of equity and debt crowdfunding has left most if not all policy makers and regulatory bodies challenged to find the right framework to properly regulate the array of platforms launching into the market. These platforms have given accredited and retail investors alike access to alternative investments they would not otherwise have. One area… Read more…

Bank of Thailand Weighs Fintech Regulations
Thursday, August 4th, 2016

Bank of Thailand (BoT) Governor Veerathai Santiprabhob at the C asean Forum’s “Positioning Thailand’s Fintech Ecosystem” event announced more regulation for the growing fintech sector in order to protect consumers, prevent systemic risk and help the development of the market. Following the path of Governments and regulators of the UK, France, Australia and Singapore the… Read more…

Regulators Choose the “Fintech Sandbox” Way
Sunday, June 12th, 2016

Governments and regulators have been hard at work in recent months to get the most out of the revolution happening in the financial services industry with the nascent fintech sector. Creating a regulatory sandbox, to mitigate risk and let innovation flourish, is the path they have decided to follow. Harriett Baldwin, Economic Secretary to the… Read more…