Slide 1
Global Symposium on
Innovative Financial Inclusion
Harnessing Innovation for Inclusive Finance
Creating an Enabling Regulatory Environment
for Innovation in Financial Services
Ms Jacqueline Loh
Deputy Managing Director
Monetary Authority of Singapore
Slide 2
Corporate Banking Insurance Financial Markets
Retail & Private Banking
Key Businesses
Public Sector Enablers
Key Technologies
IndividualsCorporates SMEsKey Beneficiaries
APIs Cyber Security
Authentication &
Biometrics
Cloud
ComputingLearning
Machines
Digital &
Mobile
Payments
Blockchains &
Distributed Ledgers
Big
Data
Advanced Sensors
Enabling Technologies
Identity & Authentication
Skills &
Research
Funding & Investment
Policy &
Regulation
Architecture for a Smart Financial Centre
Slide 3
“Regulatory Sandbox” provides an Enabling
Environment for FinTech Experiments
Relax specific regulatory requirements
Appropriate Regulatory Support Rendered to Sandbox Entities
Immovable tenets
Key Principles
Technologically innovative solution
Addresses a problem or brings benefits
Able to deploy on a broader scale
Clear test scenarios and outcomes
Clear boundary conditions
Addressed significant risks
Clear exit strategy
Slide 4
Thank You