Supporting FinTech Innovation in the Czech Republic : Regulatory Sandbox Design Considerations
Organisation for Economic Co-operation and Development
The FinTech sector is a nascent market in the Czech Republic, with only around one hundred regulated or unregulated FinTech firms. This report analyses the Czech FinTech ecosystem and identifies possible hurdles to innovative development. The report also provides recommendations for designing a regulatory sandbox tailored to the country’s specificities and which could help alleviate some of the impediments to FinTech development. A sandbox could enhance the Czech authorities’ understanding of the impact of innovative mechanisms on financial activities, and enable supervisors to better monitor and ensure compliance of FinTech activities. It could also enhance communication between firms and authorities through targeted dialogue and customised guidance.
Year of publication: |
2023
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Institutions: | OECD (issuing body) |
Publisher: |
Paris : OECD Publishing |
Subject: | Finanztechnologie | Financial technology | Innovation | Technologiepolitik | Technology policy | Tschechien | Czech Republic |
Saved in:
Online Resource
Extent: | 1 Online-Ressource (104 p.) 21 x 28cm. |
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Type of publication: | Book / Working Paper |
Language: | English |
ISBN: | 978-92-64-53480-3 ; 978-92-64-63304-9 ; 978-92-64-42855-3 |
Other identifiers: | 10.1787/081a005c-en [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014324512
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