Date of Award
Spring 2020
Degree Name
Bachelor of Science (BS)
Advisor(s)
Brent Horton
Abstract
Financial technology is increasingly shaping banking and financial landscapes. However, many new innovations in those fields have not been accounted for in existing legislature, and new regulation takes time and experience to be developed and adapted into new rules and laws. As a result of this divide, many different regulatory bodies have created programs to help bridge the gap between new innovation and lagging regulation in the form of Regulatory Sandboxes. Discussion among these regulatory bodies, scholars, and industry professionals is hampered though, as many different definitions float around. It is unclear as to what exactly constitutes a Regulatory Sandbox program. This paper aims to unify the many different definitions that exist to create a single unified definition, as well as give an analysis of the Arizona Regulatory Sandbox, the first of such programs in the United States, to see how it fits into that unified definition.
Recommended Citation
Chu, David, "Theory and Practice: The Regulatory Sandbox" (2020). Gabelli School of Business Honors Thesis Collection. 82.
https://research.library.fordham.edu/gabelli_thesis/82
