Regulation 295A - Exemption from enforcement of the regulations in special cases
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Chapter XI-A POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
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Regulatory sandbox permits temporary exemptions from securities regulations to test innovations, subject to board-prescribed conditions. The Board may exempt any person or class from specified regulatory provisions for a period not exceeding one year to permit testing of new products, ... Summary
Regulatory sandbox permits temporary exemptions from securities regulations to test innovations, subject to board-prescribed conditions.
The Board may exempt any person or class from specified regulatory provisions for a period not exceeding one year to permit testing of new products, processes, services or business models in a regulatory sandbox. Any exemption is subject to conditions prescribed by the Board, including continuous compliance, and the sandbox is defined as a live testing environment deploying innovations to a limited set of eligible customers for a specified period to further innovation in the securities market.
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