The Bank of Russia’s regulatory sandbox is a mechanism for piloting and modelling processes of new financial services and technologies, which require changes in legal regulation, in an isolated environment.
About the project
In the context of the implementation of the Guidelines for Financial Technology Development for
- Piloting innovative financial services without risks of violating Russian laws
- Analysing risks associated with innovative financial services and developing approaches for their mitigation
- Determining the expediency of the implementation of innovative financial services and creating the relevant regulatory environment