监管沙盒的借鉴与中国化改造

On the Experience of Regulatory Sandbox and Its Adaptation to the Chinese Context

现代金融科技在为市场注入活力的同时,也使监管机构陷入困境。传统金融监管难以适配金融科技的兴起,容易阻滞金融创新。一些国家运用监管沙盒机制,以达成鼓励金融创新和防范金融风险的目标。监管沙盒机制有其功能价值,但也存在可能的风险。我国引入监管沙盒机制有一定的实践价值,但在构建相关制度时要根据实际情况正确处理多方关系。

While energizing the market,modern fintech causes problems to relevant regulators.Traditional financial regulation has become unfit for the rising fintech and tends to prevent the financial innovation.Despite its functional value,the regulatory sandbox used by some countries to encourage innovation and prevent risks in finance brings about potential risks.Although the introduction of regulatory sandbox mechanism in China is of practical value,the relationship among relevant parties should be dealt with in accordance with the actual situation when relevant systems are constructed.