Regulatory Sandbox Joining Phases

 1.     Application

Fill in the application form 

 2.     Initial approval and terms and conditions

• Response within 30 days from the date of completed application
• Applicant must provide the required documents within 30 days from the date of initial approval

 3. live testing approval and specification of testing environment

• Regulators must issue final approval within 15 days from meeting the terms and conditions for the participant to be ready to commence testing within 30 days.