Singapore – Financial regulators collaborating on global sandbox

The three main functions of the network would be: 1. Network of regulators: To share experiences of innovation trends in different markets, local tests and initiatives between an international community of regulators 2. Joint policy work and regulatory trials: To collaborate on key policy questions to inform regulatory approach and, perhaps, collaborate on regtech solutions 3. Cross-border trials: To provide firms with an environment in which to trial cross-border fintech produc