CORDIS Project
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FIRSA focuses on the development and effectiveness of FinTech regulatory sandboxes across EU countries. The project aims to create a comprehensive framework for assessing these sandboxes and understanding their adoption, helping to balance innovation with consumer protection and financial stability.
The growth and spread of FinTech has created complex challenges that have placed a significant burden on current regulatory frameworks.
In response to the need to balance the promotion of innovation with the maintenance of financial stability and the protection of consumers, one institutional innovation the FinTech regulatory sandbox (FRSB) has gained traction to meet these challenges.
However, the trajectories of adoption and the level of development of FRSBs vary significantly among EU count…
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