Regulatory Sandboxes: The Road to Fintech Redemption?

[kreslik.news]

This article was written by Abraham Tachjian, a Singapore based lawyer with expertise in capital markets and financial services.

A race is under way. Spurred by the initiatives of the UK’s Financial Conduct Authority, countries are embarking on missions to establish themselves as the preeminent jurisdiction for all things fintech.

The source of their motivation isn’t difficult to identify. Financial institutions, traditional bellwethers of economic growth, have faced headwinds spanning from tepid markets to greater regulatory oversight. Revenue streams have been affected, hiring reduced and wages frozen.

Despite these challenges, fintech startups have enjoyed notoriety and success. Whether by ... (read more)