Singapore : MAS Launches Sandbox Express for Faster Market Testing of Innovative Financial Services

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The Monetary Authority of Singapore (“MAS”) launched Sandbox Express on 7 August 2019 to provide firms with a faster option to test innovative financial products and services in the market.

In this article, we address four key points:

1. What are the main benefits of the Sandbox Express? 
2. Who can apply to be in the Sandbox Express?
3. What is the evaluation criteria? 
4. What is the duration of the Sandbox Express?