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Hong Kong to establish ‘sandbox’ for fintech innovation

Hong Kong to establish ‘sandbox’ for fintech innovation

Written by on September 6, 2016 in News with 0 Comments

HONG KONG (Reuters) – Hong Kong on Tuesday said it would establish a regulatory regime known as a “sandbox” for financial technology innovation in the banking sector, amid fears the city is losing ground to China, Australia and Singapore in the fintech race. The initiative would help maintain Hong Kong’s competitiveness as a financial hub […]

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