A Guide To Regulatory Fintech Sandboxes Across Asia Pacific.
Legal News & Analysis - Asia Pacific - Regulatory & Compliance
23 January, 2018
Regulators around the world are responding quickly to the rapidly evolving financial technology (fintech) landscape. New or emerging financial products, services or delivery channels may not meet all regulatory requirements. As a solution to this, financial regulators in Asia Pacific have implemented their respective fintech regulatory sandbox regimes.
In a nutshell, against the backdrop of whether innovation meets regulatory requirements, a sandbox regime allows entities to test their products, services or solutions in the market under a more relaxed regulatory environment but within a well defined space and duration agreed with the regulators.
This guide seeks to provide an overview and comparison of the regulatory sandbox regimes in Australia, Hong Kong, Malaysia, Singapore and Thailand.
For the full guide, please click here.
For further information, please contact:
Stephanie Magnus, Principal, Baker & McKenzie.Wong & Leow