INSTITUTIONAL MECHANISM FOR PREVENTION AND DETECTION OF FRAUD OR MARKET ABUSE - Securities and Exchange Board of India (Stock Brokers) Regulations, 1992
INSTITUTIONAL MECHANISM FOR PREVENTION AND DETECTION OF FRAUD OR MARKET ABUSE - Securities and Exchange Board of India (Stock Brokers) Regulations, 1992
Regulatory sandbox exemption permits temporary relaxation of stock-broker rules to test new products under prescribed conditions. Regulation 28A empowers the Board to exempt persons or classes from provisions of the Stock Brokers Regulations for a specified period not exceeding ... Summary
Regulatory sandbox exemption permits temporary relaxation of stock-broker rules to test new products under prescribed conditions.
Regulation 28A empowers the Board to exempt persons or classes from provisions of the Stock Brokers Regulations for a specified period not exceeding twelve months to further innovation by testing new products, processes, services or business models in a live regulatory sandbox; any exemption is subject to conditions specified by the Board, including continuous compliance obligations, and the sandbox is defined as a live testing environment using a limited set of eligible customers for a specified period under Board-prescribed conditions.
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