Innovation sandbox enables controlled testing of fintech solutions with anonymized market data under strict eligibility and governance. Creates an Innovation Sandbox providing phased access to historical, anonymized securities-market datasets via published APIs and virtual test environments; access is conditioned on confidentiality/end-user agreements prohibiting resale or sharing. Participation requires contractual acceptance of rights and obligations, cybersecurity compliance, and demonstrated testing readiness, need and post-testing strategy. A Steering Committee of MIIs and QRTAs will issue operating guidelines, evaluate and onboard applicants, monitor testing and maintain oversight; the sandbox lifecycle must transition to a fully digital process within a prescribed timeframe.
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Innovation sandbox enables controlled testing of fintech solutions with anonymized market data under strict eligibility and governance.
Creates an Innovation Sandbox providing phased access to historical, anonymized securities-market datasets via published APIs and virtual test environments; access is conditioned on confidentiality/end-user agreements prohibiting resale or sharing. Participation requires contractual acceptance of rights and obligations, cybersecurity compliance, and demonstrated testing readiness, need and post-testing strategy. A Steering Committee of MIIs and QRTAs will issue operating guidelines, evaluate and onboard applicants, monitor testing and maintain oversight; the sandbox lifecycle must transition to a fully digital process within a prescribed timeframe.
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