How to design a better model for China’s enhanced Fintech regulatory sandbox?

Authors

  • Yiwei Yuan School of Finance, Shanghai University of Finance and Economics
  • Shuhan Li School of Business, East China University of Science and Technology
  • Shengran Ding International School of Law and Finance, East China University of Political Science and Law
  • Yunkai Qian SILC Business School, Shanghai University
  • Sitong Liu International College, Huaqiao University
  • Yiwen Zhang School of Business, East China University of Science and Technology

DOI:

https://doi.org/10.61603/ceas.v1i2.23

Keywords:

fintech, regulatory sandbox, China

Abstract

Recent years have seen the rapid development of the world’s financial technology industry (Fintech). Because of the innovation and risk controllability of the Fintech “regulatory sandbox”, it has become an effective model for financial technology regulation. This article firstly introduces the background and mechanism of China’s regulatory sandbox and summarizes the drawbacks. Then we analyse the mechanism and operation process of the Fintech regulatory sandbox in the UK and Singapore, where we sum up the experience that China can refer to. Finally, our project points out the positive significance of our newly-created model and its possible limitations.

Downloads

Published

2023-12-22

Issue

Vol. 1 No. 2 (2023)

Section

Articles

License

Copyright (c) 2023 Yiwei Yuan, Shuhan Li, Shengran Ding, Yunkai Qian, Sitong Liu, Yiwen Zhang

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

How to Cite

How to design a better model for China’s enhanced Fintech regulatory sandbox?. (2023). Cambridge Explorations in Arts and Sciences, 1(2). https://doi.org/10.61603/ceas.v1i2.23