Regulation 49A - Exemption from enforcement of the regulations in special cases
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 Chapter VIII-A POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
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Regulatory sandbox exemption enables temporary relaxation of regulations to test innovative securities market products under Board-imposed conditions. The Board may grant time-limited exemptions from one or more provisions of the Regulations to enable live testing of new products, processes, services or business models in a regulatory sandbox, defined as a limited live testing environment for eligible customers, subject to Board-specified conditions including continuous compliance requirements.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Regulatory sandbox exemption enables temporary relaxation of regulations to test innovative securities market products under Board-imposed conditions.
The Board may grant time-limited exemptions from one or more provisions of the Regulations to enable live testing of new products, processes, services or business models in a regulatory sandbox, defined as a limited live testing environment for eligible customers, subject to Board-specified conditions including continuous compliance requirements.
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