MAS Fintech Regulatory Sandbox: Who Qualifies and What You Get
Learn how startups can access regulatory relief to test innovative financial tools and trading products within a controlled environment.
This scheme allows companies to test innovative financial products and trading tools in a controlled environment with certain regulatory requirements relaxed.
Who it's for
This is designed for startups that are developing and testing new financial products or services.
What you get
If accepted, you receive regulatory relief. This means you can test your innovative trading tools or financial solutions under a lighter set of rules for a limited time to see how they work in the real market.
What it costs you
While there is no specific fee mentioned, you will need to invest time and resources into the application process and ongoing compliance reporting to ensure you are meeting the requirements of the sandbox.
The catch to know
This scheme is strictly for businesses. It is not available to individual retail traders looking to test their own personal strategies.
How to apply
- Determine if your financial product is sufficiently innovative to require a sandbox.
- Prepare your business documentation and testing parameters.
- Submit your application through the official channels.
- Follow the reporting requirements during your testing period.