Future Of The Financial Regulation – Part II: Principle-Based Approach And The Role Of Regulatory Sandboxes
Future Of The Financial Regulation – Part II: Principle-Based Approach And The Role Of Regulatory Sandboxes Priciple-Based Approach Utilizing Data Principle-based approach suggests reliance on well-defined principles rather than detailed, prescriptive codification. The backbone of these principles will be flexible, evaluative and qualitative terms and conditions, as opposed to quantitative bright line rules. To illustratre […]
