Chapter VIIRIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 40 to Regulation 82AA )
Regulation 93A - Exemption from enforcement of the regulations in special cases
Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 Chapter X-A POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
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Regulatory sandbox: board may grant time-limited exemptions to regulations to permit live testing subject to conditions. The Securities and Exchange Board may exempt any person or class from specified provisions of the Depositories and Participants Regulations for up to ... Summary
Regulatory sandbox: board may grant time-limited exemptions to regulations to permit live testing subject to conditions.
The Securities and Exchange Board may exempt any person or class from specified provisions of the Depositories and Participants Regulations for up to twelve months to enable deployment of new products, processes, services or business models in a regulatory sandbox. Exemptions are subject to Board-specified eligibility and ongoing conditions that applicants must satisfy while operating in the live testing environment.
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