Introduction 

The number of compliance regulatory frameworks is getting higher and higher, which can often feel like navigating a maze of rules and requirements. However, compliance sandboxes offer opportunities for innovation to stay ahead of the curve. This session explains the concept of compliance sandboxes, which is a controlled environment where regulators and industry experts collaborate to test new technologies and business models within a regulatory-compliant space. Attendees will be presented with compliance sandboxes that foster experimentation, drive regulatory flexibility, and encourage technological advancement.  

Key questions and objectives 

• What are the core objectives and principles behind the establishment of compliance sandboxes? 
• What is the difference between compliance sandboxes and traditional regulatory frameworks? 
• How do compliance sandboxes facilitate innovation in highly regulated industries?  
• What are the key challenges that must be addressed when participating in compliance sandbox initiatives?  
• Can compliance sandboxes be a model for fostering cross-border collaboration on a global scale?