Introducing the “In Favour Of” filter in Case Laws.
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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 to test new securities market innovations under Reg 295A.</h1> Regulation 295A of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 grants the Board the authority to exempt individuals or groups from certain regulatory provisions for up to twelve months. This exemption aims to promote innovation by allowing the testing of new products, processes, services, or business models within a regulatory sandbox in the securities market. Such exemptions are contingent upon the applicant meeting specific conditions set by the Board, which must be adhered to continuously. A regulatory sandbox is defined as a controlled environment for limited testing on eligible customers.
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