Description
BSP Cir. 1153: Regulatory Sandbox Framework
Objective. To discuss the salient features of Circular No. 1153.
1. Brief Description:
- A regulatory sandbox generally serves as a controlled environment wherein participants are allowed to test and offer new products and services in the market notwithstanding the lack of applicable regulatory policy. This session aims to provide information on the salient provisions of BSP Circular No. 1153 on Regulatory Sandbox Framework, including the oversight structure, the expected minimum controls under the sandbox environment, and the end-to-end process from application to completion of sandbox activities.
2. Course Outline:
- Policy Objective
- Coverage
- Oversight Framework
- Operational Guidelines
- Alternative Approaches
- Q&A
3. Target Participants: All Bank Officers/Employees
4. Date/Time:
12 January 2024, (Friday)
1:30 PM – 4:00 PM
SUBJECT MATTER EXPERTS:
KIM JAYSON V. TORDA
JAMES D. ARZAGA
Fintech Innovation and Policy Research Group
Technology Risk and Innovation Supervision Department
Bangko Sentral ng Pilipinas
TRAINING FEE PER PARTICIPANT:
Member Institution – P2,800.00
Non-Member Institution – P3,920.00
**VAT Inclusive