Question: To help develop the Regtech ecosystem, the FSS (Fintech Supervisory Sandbox) was set up by Hong Kong Monetary Authority (HKMA) in 2016. HKMA further upgraded

To help develop the Regtech ecosystem, the FSS (Fintech Supervisory Sandbox) was set up by Hong Kong Monetary Authority (HKMA) in 2016. HKMA further upgraded FSS to FSS 2.0.

A. Analyze its mission and features.

B. Features of FSS2.0.

C. Who can apply to be in the sandbox?

D. What are the main benefits of the sandbox?

E. WHAT are some of the examples of how financial institutions may benefit from the sandbox?

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