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Hong Kong securities regulator launches regulatory sandbox for fintech firms

( September 29, 2017, 04:04 GMT | Official Statement) -- MLex Summary: The Hong Kong Securities and Futures Commission today issued a circular announcing the launch of the SFC Regulatory Sandbox to provide a confined regulatory environment for qualified firms to conduct regulated activities utilizing financial technologies.The sandbox aims to enable qualified firms, through close dialogue with and supervision by the SFC, to identify and address any risks or concerns associated with their regulated activities before their services can be provided to the wider public in Hong Kong.The SFC's statement follows:...

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