Bank Negara Malaysia Sandbox: Is it for you?

Bank Negara Malaysia (“BNM”) in October 2016 issued the FinTech Regulatory Sandbox Framework (“FRSF”) in response to the rapid development in financial technology innovations. This has sparked interest among stakeholders, particularly standalone Fintech companies, existing licensed financial institutions, consumers as well as technology providers to be involved in this key and exciting development. As a …

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