Book contents
- FinTech
- FinTech
- Copyright page
- Contents
- Figures
- Acknowledgements
- Abbreviations and Technical Terms
- 1 Introduction
- Part I Digital Transformation of Finance and Regulation
- Part II Addressing the Challenges of Innovation in Finance
- 7 Regulating Artificial Intelligence in Finance
- 8 Distributed Ledger Technology, Blockchain, and Finance
- 9 Decentralised Finance and Embedded Regulation
- 10 Data Regulation and Financial Regulation
- 11 Enabling a Balanced Proportional Approach to Innovation
- Part III Building Better Financial Systems
- Part IV From FinTech to TechFin to BigTech to FinTech 4.0
- Part V Conclusion
- Index
11 - Enabling a Balanced Proportional Approach to Innovation
Regulatory Sandboxes, Innovation Hubs, and Beyond
from Part II - Addressing the Challenges of Innovation in Finance
Published online by Cambridge University Press: 09 November 2023
- FinTech
- FinTech
- Copyright page
- Contents
- Figures
- Acknowledgements
- Abbreviations and Technical Terms
- 1 Introduction
- Part I Digital Transformation of Finance and Regulation
- Part II Addressing the Challenges of Innovation in Finance
- 7 Regulating Artificial Intelligence in Finance
- 8 Distributed Ledger Technology, Blockchain, and Finance
- 9 Decentralised Finance and Embedded Regulation
- 10 Data Regulation and Financial Regulation
- 11 Enabling a Balanced Proportional Approach to Innovation
- Part III Building Better Financial Systems
- Part IV From FinTech to TechFin to BigTech to FinTech 4.0
- Part V Conclusion
- Index
Summary
This chapter explores regulatory sandboxes and innovation hubs as the two main regulatory tools to support the digital transformation of finance. We argue that innovation hubs provide most of the benefits that the policy discussion associates with regulatory sandboxes, while avoiding most of the downsides of the former.
- Type
- Chapter
- Information
- FinTechFinance, Technology and Regulation, pp. 164 - 176Publisher: Cambridge University PressPrint publication year: 2023