Washington, Patrick Bernard; Shafiq Ur Rehman; Lee, Ernesto - In: Journal of risk and financial management : JRFM 15 (2022) 12, pp. 1-18
24 challenger banks from the UK. This study has reviewed digital banks' adoption of a regulatory sandbox to foster … heterogeneous effects on the financial performance of digital banks. Our research showed that regulatory sandboxes have a … detrimental impact on the financial performance of digital banks, increasing compliance costs and efficiency costs. This study …
