kaal:claim:3808852-038

Regulatory sandboxes are an instance of regulatory decentralization: by lowering regulatory barriers and costs for testing disruptive technologies while protecting consumers, the regulator fosters innovation in increasingly decentralized products and services.

Source quote, verbatim

With the sandbox, the regulator aims to foster innovation by lowering regulatory barriers and costs for testing disruptive innovative technologies, while ensuring that consumers will not be negatively affected.

From

Wulf A. Kaal, Decentralization and Feedback Effects (2021), V. Governmental Decentralization, p. 23
https://ssrn.com/abstract=3808852 · source PDF

Cite as

Wulf A. Kaal, Decentralization and Feedback Effects (2021). SSRN: https://ssrn.com/abstract=3808852

Holds when

based on the UK FCA sandbox introduced April 2016 and later ASIC, MAS, and FSRA sandboxes

Classification

designsupport: evidenceddecentralizationinnovation

Verify

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Attestation record: colloquium/attestations/f44989efa614df46...json
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