New Strategic Approach Towards Financial Regulation

This paper analyses the dynamics and evolutionary strategies that are occurring in regulated markets in light of the impacts of new technological innovations in the financial sector and how different jurisdictions are seeking the right balance between fostering innovation and competition and ensuring customers protection. The main focus of the paper is to present regulatory sandboxes as one of the novel ways of regulating financial services, especially fintech. The article is characterized by a comparative approach based on my professional experience as a lawyer in UK and Italy, as well as my experience as an academic in the financial markets sector.