Financial Regulatory Sandbox Programs
Innovative Financial Service
Innovative financial services are services provided in the financial industry or related businesses that are recognized for their differentiated content, method, form, etc. and designated as regulatory exceptions.
Quick Check on Regulations
This is a system that allows financial service providers faced with regulatory uncertainties to quickly check the applicability of their services and the relevant statutes.
About the Financial Regulatory Sandbox
Through the Financial Regulatory Sandbox, financial service providers can test out new financial services on the market, while consumers can use new financial services, and the financial authorities can gain the opportunity to improve the related programs and regulations based on the results of testing out the new services.
Protection of Public Values
Balanced pursuit of public values incl.
development of new technologies, fostering of new industries, and protection of people’s lives and safety and the environment
development of new technologies, fostering of new industries, and protection of people’s lives and safety and the environment
Regulatory Innovation
Innovation to prevent delays in the launch of new products and services due to regulations
Consumer Protection
Ongoing inspections of impacts and processes to protect the general public incl. consumers
Newly Launched Services
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