To help develop the Regtech ecosystem, the FSS (Fintech Supervisory Sandbox) was set up by Hong Kong

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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?

Related Book For answer-question

Business Statistics a decision making approach

ISBN: 978-0133021844

9th edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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Posted Date: Jun 19, 2020 05:59 AM

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To help develop the Regtech ecosystem, the FSS (Fintech Supervisory Sandbox) was set up by Hong Kong

Question:

Expert Answer:

Answer A Mission Fintech Supervisory Sandbox launched by the HKMA in September 2016 allows banks and their partnering technology firms to conduct pilo... View the full answer

Business Statistics a decision making approach

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