Securing Innovation: The Regulatory Sandbox Approach

This research sets out to discuss the crucial role of regulatory sandboxes in fostering fintech innovation. Regulating any form of innovation is challenging. In the current regulatory system, there are always gaps that can be compromised. This study seeks to determine whether the sandbox architecture effectively covers risk gaps in the realm of financial innovation. It compares and examines diverse regulatory contexts to evaluate the effects of regulatory sandboxes and their policy consequences.