Regulatory sandbox enables temporary exemptions from securities regulations subject to board specified conditions for live testing of innovations The Board may exempt any person or class from specified regulatory provisions for up to twelve months to facilitate testing of new products, processes, ... Summary
Regulatory sandbox enables temporary exemptions from securities regulations subject to board specified conditions for live testing of innovations
The Board may exempt any person or class from specified regulatory provisions for up to twelve months to facilitate testing of new products, processes, services or business models in a regulatory sandbox. Exemptions are subject to conditions prescribed by the Board, including continuous compliance requirements. A regulatory sandbox is a live testing environment permitting deployment to a limited set of eligible customers for a specified period under Board specified conditions to further innovation in the securities market.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.