监管沙箱法律问题解析

Analysis of Legal Issues on Regulatory Sandbox

在金融科技蓬勃发展的当下,如何创新金融监管手段,构建与金融科技相匹配的监管模式,是一个亟待解决的新问题。监管沙箱允许企业突破现行金融监管法规,在宽松的监管环境中进行金融创新实验,而且不会因该创新行为招致不利监管后果。监管沙箱是实验性监管理念的体现,是一种监管模式创新,有助于监管机构制定更加有效的监管制度,在消费者、金融机构、监管机构之间实现"多赢"的格局。然而,监管沙箱运行过程中可能存在监管俘获、非透明性、非公平性及消费者利益保护等问题。反思监管沙箱运行中存在的问题,有助于监管机构制定更加符合实际的监管政策,优化金融监管法律制度。

At the moment of the vigorous development of FinTech,how to innovate the means of financial supervision and construct the regulatory model matching with FinTech is a new problem to be solved urgently.Regulatory Sandbox allows companies to make financial innovations in an environment that breaks through existing financial regulations,without incurring adverse regulatory consequences.Regulatory Sandbox is the embodiment of experimental regulatory concept and is a kind of regulatory system innovation,which helps regulators to formulate more effective regulatory system,and realizes the"multi-win"situation of consumers,financial institutions and regulators.However,there are also problems to be solved such as regulation capture,non-transparency,non-parity and consumer interest protection during the operation of Regulatory Sandbox.Reflecting on the problems existing in the operation of the Regulatory Sandbox will help the regulators to formulate more realistic regulatory policies and optimize the legal system of financial supervision.