Britain’s FCA announced its own sandbox initiative in April this year
The Monetary Authority of Singapore (MAS)
has become the latest regulator to look to tap financial
technology to help regulated firms comply with its changing
The regulator has released a consultation
paper on the proposed guidelines for the so-called sandbox
programme which is set to enable financial institutions (FIs)
and non-financial firms to work on new fintech tools.
The sandbox will provide specific areas
and duration for testing, said MAS, and the regulator will
relax relevant regulatory requirements for the duration of the
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.