Definition of Data

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Main Focus of Document

Provides a framework to allow the testing of innovative FinTech products and services by qualified companies or businesses

Target Beneficiaries or Sector

Businesses and consumers

Key Elements

On 27th February 2017, AMBD formally issued the FinTech Regulatory Sandbox Guidelines, which aims to aid in the development of FinTech companies in Brunei Darussalam through the creation of regulatory sandboxes.

A regulatory sandbox allows the testing of FinTech products and services through the usage of a framework that enables qualified companies or businesses to experiment with innovative solutions in a relaxed regulatory environment, for a limited period of time and boundaries. 

Policy/Regulation Mirrors

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