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Canadian Securities Administrators updates regulatory sandbox

Tuesday, July 18, 2017 @ 7:15 AM | By Amanda Jerome

The Canadian Securities Administrators (CSA) recently updated its regulatory sandbox, which is aimed at providing support for Fintech businesses working on innovative products.

Marlin Horst, Shibley Righton LLPRegulatory sandboxes are used to allow developers to test their products or business models in a live environment without the restrictions of heavy regulations.

The CSA regulatory sandbox update covers a five-step process for Fintechs making use of the space. The steps include directions regarding filing of applications, the application review process and determine the limits and conditions that...