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FCA Launches a Regulatory Sandbox in UK to Make Testing New Products Simpler

The UK FinTech market is estimated to be worth over £20 billion, employing more than 60,000 professionals. The FinTech ecosystem in the UK is considered to be among the best when compared to those of Hong Kong, Singapore, etc. In order to boost UK’s position in the global FinTech, the government of UK has taken up numerous initiatives. The article focuses on key developments (especially announcement by FCA) which took place today at the Innovate Finance Global Summit 2016. The summit is expe ...

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