Implementation of Regulatory Sandboxes – A Global Overview

The number of regulatory sandboxes are increasing, with different regulators organizing them. This presentation presents a global overview of regulatory sandboxes, a programme allowing FinTech firms to test new solutions in an actual market environment under regulatory supervision, but without necessarily incurring all existing regulatory restrictions. It also offers some case studies of regulatory sandboxes established in Asia, Africa, Europe, North America, and Oceania.

Blockchain - Principal Applications and Regulatory Implications

Ross Buckley, KPMG Law — King & Wood Mallesons professor of disruptive innovation, delivered a presentation on blockchains and their advantages and disadvantages. Each of the principal financial applications of blockchain, and their regulatory implications were considered. Applications included cryptocurrencies, central bank digital currencies, smart contracts, provenance registers, and initial coin offerings.