SECP Regulatory Sandbox Guidelines 2019: PSX vide Notice No. PSX/N-600 (dated December 12, 2019) has informed all market participants that the SECP has issued the SECP Regulatory Sandbox Guidelines 2019.

The objective of the guideline is to promote innovation in the financial services industry through reduction of regulatory uncertainty by allowing testing of new products, business models, services in the Regulatory Sandbox under the close supervision of the regulator. The SECP regulatory sandbox shall be available for all the regulated sectors of the SECP i.e. capital markets, insurance, non-banking financial services and overall corporate sector.

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