Regulatory sandbox
Canada’s Poloz on monetary policy limits, transparency and cyber recovery
Bank of Canada governor Stephen Poloz speaks about stagflation risks from trade wars, the importance of market signals, Canada’s CBDC plans and why he is not a fan of minutes
Bahamas takes steps towards digital currency as legal tender
Central bank proposes changes to governing law to give itself authority to issue a CBDC
Market competition fuels volatility in frail regulatory environments – Bank of Spain research
Increased instability associated with higher default rate triggers a 3.3% loss of output
MAS issues ‘cyber hygiene’ rules; eases sandbox barriers
Regulator aims to prevent cyber crime through basic measures while offering some fintechs access to its sandbox within 21 days
Sandboxes do not solve all fintech problems, says academic
Regulatory sandboxes will face challenges in cross-border cooperation, says Brian Knight
Sarb announces ‘CBDC feasibility project’
Central bank pursues partners to test digital currency
Global sandbox admits first fintech firms
GFIN accepts eight firms for tests in cross-border regulatory sandbox
RBI proposes regulatory sandbox in bid to grow fintech sector
Draft proposal would enable 10–12 companies to operate without usual regulations
UN report questions value of fintech sandboxes
Regulators are “unprepared” for the level of effort and resources needed to launch a sandbox, but complementary policies and thematic sandboxes could be the answer
Central bank of the year: Monetary Authority of Singapore
Singapore’s central bank stands out for its pioneering fintech efforts combined with its consistency of performance in monetary policy, financial stability and supervision
Switzerland grants fintech firms access to interbank payment system
Federal government modified ordinance to create new licensing category on January 1
EU must decide on how to oversee fintech regulation, ESAs say
Three supervisory authorities publish report on regulatory sandboxes and innovation hubs