Regtech Sandboxes are going global

Regtech Sandboxes are going global

On 7th August 2018, the Financial Conduct Authority (FCA) has announced the creation of the Global Financial Innovation Network (GFIN). Based on the association of 12 financial regulators and organisations, the GFIN will be the place where innovation and regulation can meet on a global scale. The goal of this initiative is to create a cross-border sandbox where regulators and firms can interact and foster new technologies and business models in regulation.

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