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MAS issues regulatory guidelines for fintech experiments

Benjamin Cher Published on Wed, Nov 16, 2016 / 12:38 PM GMT+8

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SINGAPORE (Nov 16): The Monetary Authority of Singapore (MAS) announced that it has published the “regulatory sandbox” guidelines for financial technology (fintech) experiments after public consultations and learning points from other sandboxes.

According to MAS, the guidelines will improve clarity, flexibility and transparency of the sandbox. These are:

Improved clarity: The guidelines provide examples and elaborations to illustrate MAS’ expectations on the sandbox, including evaluation criteria for entry.

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