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Financial regulators call for global collaboration on startup sandboxes

By Tsering Namgyal ( March 1, 2018, 06:40 GMT | Insight) -- Regulators around the world are calling for more collaboration acoss "sandbox" environments set up by authorities in various jurisdictions to allow fintech startups to scale up across national borders. Some regulators, however, have raised doubts about their usefulness, given the lack of clarity on how startups can eventually seek full licenses once they have proven themselves in such interim programs.More collaboration is needed over regulatory "sandboxes" set up by authorities in various jurisdictions in order to allow fintech startups to scale up across national borders, said regulators at a conference* in Brussels....

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