As of 22 July, FinTech operators can apply to test their innovations within the MFSA’s FinTech Regulatory Sandbox, for a specified period of time and under certain prescribed conditions. The regulatory environment created aims to foster sustainable financial innovation, ensure regulatory certainty and promote knowledge sharing, whilst ensuring effective investor protection, market integrity and financial soundness in the FinTech environment.
The MFSA’s Rule 3 establishing the Sandbox, together with respective guidelines and FAQs and a dedicated proposal form, are also available online. Further developments and updates will be published on the dedicated page, whilst any queries are to be addressed to [email protected].
