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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Can Exempt Entities from Regulations for Up to 12 Months Under Regulation 26 to Promote Innovation</h1> Regulation 26 of the Securities and Exchange Board of India (SEBI) KYC Registration Agency Regulations, 2011, grants SEBI the authority to exempt individuals or groups from certain regulatory provisions for up to twelve months. This exemption aims to promote innovation by allowing new products, processes, services, or business models to be tested in a live regulatory sandbox environment within the securities market. Such exemptions are contingent upon the fulfillment of specific conditions set by SEBI, which must be adhered to continuously. A regulatory sandbox is defined as a controlled environment for testing innovations with a limited customer base.
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