 "Liquidity management tool: RBI may have to balance old norms with the new")
To support innovation that ultimately leads the availability of new products and services to customers, Indian regulators seek to remove unnecessary regulatory barriers by introducing regulatory sandboxes, but how do they work? Umang Raj explains
What is a regulatory sandbox?
A regulatory sandbox is a ‘safe space’ in which businesses can test innovative products, services, business models and delivery mechanisms without immediately incurring all the regulatory consequences. It is an attempt to address frictions between regulators desire to encourage and enable innovation and the emphasis on regulation.
What are the benefits of a regulatory sandbox?
The
What is a regulatory sandbox?
A regulatory sandbox is a ‘safe space’ in which businesses can test innovative products, services, business models and delivery mechanisms without immediately incurring all the regulatory consequences. It is an attempt to address frictions between regulators desire to encourage and enable innovation and the emphasis on regulation.
What are the benefits of a regulatory sandbox?
The
