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MAS proposes regulatory sandbox for fintech experiments

It notes the speed at which fintech is evolving, and says existing regulatory approach can stifle process
Tuesday, June 7, 2016 - 05:50
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The Monetary Authority of Singapore (MAS) set out its approach towards fintech experiment on Monday, as it proposed a regulatory "sandbox" for trials by both start-ups and large financial companies in this area of innovation.

Singapore

THE Monetary Authority of Singapore (MAS) set out its approach towards fintech experiment on Monday, as it proposed a regulatory "sandbox" for trials by both start-ups and large financial companies in this area of innovation.

The strategy closely follows that of the UK,

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