Tag: regulatory sandbox

The United Arab Emirates (UAE) is experiencing a notable economic surge, becoming a magnet for foreign investments and job opportunities. This economic growth is coupled with ambitious plans under the UAE Digital Economy Strategy launched in April 2022, aiming to increase the nation's GDP contribution from digital services from 9.7% in 2022 to 19.4% over the next decade. The strategy positions the UAE as a pivotal digital economy hub both regionally and globally.

The monetary authorities in Hong Kong and China have agreed to create a one-stop sandbox platform to help companies develop cross-border FinTech products quicker.

The UK FinTech community has welcomed Ron Kalifa's review, but stakeholders argue the government must do more to take the sector seriously and protect the nation's position as an industry leader.

The Central Bank of Bahrain has launched the first FinTech lab in the region – FinHub 973.

The Reserve Bank of India has released the final version of the framework for the regulatory sandbox.

AkinovA has been given a regulatory sandbox licence by the Bermuda financial services regulator BMA to enable transfer of (re)insurance risks.

South Korea’s Financial Services Commission (FSC) has launched its financial regulatory sandbox.

Kenya is looking to establish a regulatory sandbox to support the FinTech sector in the country, with its being ‘at the cusp of operationalising...

The European Bank for Reconstruction and Development (EBRD) is working with Estonia’s Ministry of Finance and its Financial Services Authority to form a regulatory sandbox.