The International Financial Services Centres Authority (IFSCA) introduced a framework for regulatory sandbox enabling entities regulated by the watchdog to test their new solutions in a live environment and on a limited set of real customers with necessary safeguards.

Context

The International Financial Services Centres Authority (IFSCA) introduced a framework for regulatory sandbox enabling entities regulated by the watchdog to test their new solutions in a live environment and on a limited set of real customers with necessary safeguards.