Sandboxes do not solve all fintech problems, says academic

Regulatory sandboxes will face challenges in cross-border cooperation, says Brian Knight

Brian Knight

Regulatory sandboxes are a useful tool for developing new products but are not a cure-all for all the fintech sector’s problems, says a senior academic researcher.  

“It’s a good sign that many jurisdictions are considering regulatory innovation and considering how to better facilitate innovation in financial services,” Brian Knight told Central Banking. “But as with anything else, the devil’s going to be in the details,” he said, speaking on the sidelines of Central Banking’s recent training

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