Regulatory sandbox
MAS FinTech Regulatory Sandbox
The Monetary Authority of Singapore runs a FinTech Regulatory Sandbox (and Sandbox Express) that lets firms experiment with innovative financial services in a controlled environment.
Last verified 2026-07-26
MAS operates a FinTech Regulatory Sandbox plus faster-track Sandbox Express and Sandbox Plus variants, allowing financial institutions and fintechs to trial innovative products in Singapore within defined boundaries and safeguards.
Key specs
| Free tier | Application-based (regulator program) |
| Regulator | MAS (Singapore) |
| Variants | Sandbox / Express / Plus |
| Access | Application |
Strengths
- Controlled experimentation
- Express track available
- APAC gateway
Trade-offs
- Application based
- Singapore-scoped
- Defined boundaries
Best for: Firms trialling innovative financial services in Singapore/APAC.
Alternatives to MAS FinTech Regulatory Sandbox
Sources: MAS Regulatory Sandbox ↗
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