Regulatory sandbox exemptions permit temporary relaxation of rules to test innovations under Board-imposed conditions. The Board may grant time-bound exemptions from specified provisions to allow controlled live testing of new products, processes, services or business ... Summary
Regulatory sandbox exemptions permit temporary relaxation of rules to test innovations under Board-imposed conditions.
The Board may grant time-bound exemptions from specified provisions to allow controlled live testing of new products, processes, services or business models within a regulatory sandbox, subject to applicants meeting and continuously complying with conditions specified by the Board and deploying innovations to a limited set of eligible customers for a specified period.
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