SECP approves first Regulatory Sandbox cohort for InsurTech and FinTech solutions

Securities and Exchange Commission of Pakistan issued Regulatory sandbox approval on October 3, 2020.

Primary

Securities and Exchange Commission of Pakistan

Structure

Regulatory sandbox approval

Date

October 3, 2020

Sub-sector

Insurtech

SECP approved digital insurance, robo-advisory, digital mutual fund platforms, and crowdfunding for live testing to stimulate InsurTech and FinTech innovation and financial inclusion.

Primary company

Securities and Exchange Commission of Pakistan

Counterparty

Not disclosed

Amount

Not disclosed

Event date

October 3, 2020

Sub-sector

Insurtech

HQ

Not disclosed

Structure

Regulatory sandbox approval

Source published

October 3, 2020

Publisher

DAWN

Source: dawn.com