Singapore regulator to launch fintech 'sandbox'

The Monetary Authority of Singapore (MAS) today (8 June) published
a consultation paper into proposed guidelines for a
"regulatory sandbox" that enables financial institutions
and non-financial players to experiment with fintech ideas.
The sandbox would aim to provide a "safe and
conducive" space to experiment with fintech solutions where
the consequences of failure can be contained, and where innovators
can try out new ideas without falling foul of regulatory
requirements.
"In this regard, the