Regulatory sandbox definition
Regulatory sandbox means the program established by this
Regulatory sandbox means a controlled testing environment which allows a financial institution, a licensee under the National Payment Systems Act or a body corporate authorised by the central bank under section 11C to conduct experiments under the supervision of the central bank;
Regulatory sandbox means a regulatory framework during which it is possible to develop, validate and test in a controlled environment innovative or adapted regulatory solutions that facilitate the development and authorisation of innovative products which are likely to fall in the scope of this Regulation, pursuant to a specific plan and for a limited time under regulatory supervision.
More Definitions of Regulatory sandbox
Regulatory sandbox means the General Regulatory Sandbox Program created in Section 63N-16-201, which allows a person to temporarily demonstrate an offering under a waiver or suspension of one or more state laws or regulations.
Regulatory sandbox means the Regulatory Sandbox Program created by Section
Regulatory sandbox means the General Regulatory Sandbox Program
Regulatory sandbox means a framework for experimenting and developing an innovation in a controlled environment to support provision of services related to capital market.
Regulatory sandbox means a controlled testing environment which allows a licensee or a body corporate authorised under section 14B to conduct experiments, whether simulated or live, under the supervision of the Commission;
Regulatory sandbox means the Regulatory Sandbox Program created by Section 13-55-103, which allows a person to temporarily test an innovative product or service on a limited basis without otherwise being licensed or authorized to act under the laws of the state.
Regulatory sandbox means the process established under this article by which an applicant may apply to beta test and obtain a limited no-action letter for an innovation, potentially resulting in the issuance of an extended no-action letter.