India: Reserve Bank Publishes Final Enabling Framework for Regulatory Sandbox

On August 13, 2019, the Reserve Bank of India (RBI) published the final enabling framework for the regulatory sandbox. The main objective of the regulatory sandbox is to enable market participants to test new products, services and business models in a live environment, as well as allow the financial sector regulator to provide guidance to increase efficiency, manage risk and create new opportunities for consumers in a relaxed regulatory environment. 

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