Regulatory sandbox exemptions permit controlled live testing of securities-market innovations, subject to specified and continuing compliance conditions. Regulation 33D permits exemptions from all or specified regulatory provisions for a specified period not exceeding twelve months to facilitate live ... Summary
Regulatory sandbox exemptions permit controlled live testing of securities-market innovations, subject to specified and continuing compliance conditions.
Regulation 33D permits exemptions from all or specified regulatory provisions for a specified period not exceeding twelve months to facilitate live testing of innovative products, processes, services and business models in a securities-market regulatory sandbox. Exemptions are subject to conditions specified by the Board, including continuing compliance obligations. The sandbox permits deployment to a limited set of eligible customers for a specified period under prescribed conditions.
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