LEADER 02025cam a22003735i 4500001 99131234120806421 005 20200608162010.0 006 m d 007 cr cn||||||||| 008 020129s2020 dcu o i00 0 eng^^ 024 7 10.1596/33698 |2doi 035 (CKB)4920000001211600 035 (The World Bank)33698 035 (US-djbf)33698 035 (EXLCZ)994920000001211600 040 DJBF |beng |cDJBF |erda 110 2 World Bank Group. 245 10 How Regulators Respond To FinTech : |bEvaluating the Different Approaches - Sandboxes and Beyond. 246 How Regulators Respond To FinTech 264 1 Washington, D.C. : |bThe World Bank, |c2020. 336 text |btxt |2rdacontent 337 computer |bc |2rdamedia 338 online resource |bcr |2rdacarrier 347 data file |2rda 490 1 Other papers 520 3 This paper provides an overview of different regulatory approaches to Fintech and provides guidance for policymakers to understand the benefits and limitations of each. While some Fintech activities can often be covered within existing regulatory frameworks, the majority of jurisdictions are taking or planning to take additional regulatory measures to respond to emerging Fintech services, the scope and scale of which vary substantially including new laws, Innovation Offices, Regulatory Sandboxes and even reskilling to respond to transforming environment. The report provides context on the relative appropriateness of each approach within jurisdictions, including relevant variables for consideration, and uses country case studies where appropriate to showcase and enable policymakers to draw from lessons learned across the globe. 650 4 E-Finance and E-Security 650 4 Finance and Development 650 4 Finance and Financial Sector Development 650 4 Financial Law 650 4 Financial Regulation and Supervision 650 4 Law and Development 650 4 Public Sector Development 830 0 Other papers. 830 0 World Bank e-Library. 906 BOOK