Regulatory Sandbox

This section covers Regulatory Sandboxes and their Sandbox Framework, Sandbox Guidelines and relevant information, including Financial, Insurance, Securities and other related Sandboxes.

Legal Documents

Regulatory Sandbox regulations, frameworks, guidelines

Consultation Paper on Sandbox Express

The Monetary Authority of Singapore (“MAS”) has issued a consultation paper seeking feedback on the creation of it's 'express sandbox' to expedite the process of approvals of financial technology (FInTech) innovations to enter the MAS regulatory sandbox. Primary evaluation criteria assessed for that which is eligible (generally lower risk applications) include the level of technical innovation of the invention and the fitness and suitability of the key stakeholders of the applicant.

Singapore

Consultation

2018

Comment Period Open

Keywords: Regulatory Sandbox
Law to Regulate Financial Technology Institituitons

Introduces FinTech law to regulate "Fintech Institutions" which include alternative financing and investment activities such as crowdfunding, management of e-money,electronic payments and exchange of virtual assets or cryptocurrency. Option to establish a regulatory sandbox.

Mexico

Law

2018

In Force

Keywords: Crypto Currency, Regulatory Sandbox, Virtual Financial Asset, API, Roboadvisor
POJK 13/POJK.02/2018 Digital Financial Innovation in the Financial Services Sector

The Digital Financial Innovation in the Financial Services Sector regulation is an initiative to stimulate innovation in the digital financial services ecosystem such as through crowdfunding, settlements, investment management, insurance and other categories that fall under the purview of the regulator, the OJK, which covers registration of companies as digital financial innovation operators (inovasi keuangan digital or 'IKD') who become eligible to apply to the OJK regulatory sandbox.

Indonesia

2018

In Force

Keywords: Regulatory Sandbox
Resolution on the Approval of the Regulatory Sandbox Framework of the Bank of Lithuania

Acting pursuant to Article 42(4)(1) of the Republic of Lithuania Law on the Bank of Lithuania (central bank), the Board of the Bank of Lithuania has approved Regulatory Sandbox Framework of the Bank of Lithuania (included within this document), entering in force on 15 October 2018.

Lithuania

Regulation

2018

In Force

Keywords: Regulatory Sandbox, Sandbox Framework
RG 257 Testing fintech products and services without holding an AFS or credit licence

A short guide for understanding Australia's FinTech Regulatory Sandbox. It includes resources to download the guide, Australia Regulatory Guide 257 and relevant infographics.

Australia

Regulation

2017

In Force

Keywords: Regulatory Sandbox, FinTech
Regulatory guide 257: Testing fintech products and services without holding an AFS or credit licence

Text of Australian Securities and Investments Commission (ASIC) Regulatory Guide 257 which explains the options FinTech businesses have for testing products and services without a license, the basis for which is sometimes referred to as Australia's FinTech Regulatory Sandbox.

Australia

Regulation

2017

In Force

Keywords: Regulatory Sandbox, FinTech
Regulatory Sandbox Framework

The regulatory sandbox framework issued by the Central Bank of Bahrain. This document is used in conjunction with the Application for Regulatory Sandbox issued by the Central Bank of Bahrain.

Bahrain

Regulation

2017

In Force

Keywords: Regulatory Sandbox, FinTech
Application for Regulatory Sandbox

Application for Regulatory Sandbox issued by the Central Bank of Bahrain. This document is used in conjunction with the Regulatory Sandbox Framework issued by the Central Bank of Bahrain.

Bahrain

Regulation

2017

In Force

Keywords: Regulatory Sandbox, FinTech

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Regulatory Sandbox

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