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PK-SECP Regulatory Sandbox Guidlines 2019

SECP Regulatory Sandbox Guidlines 2019

Regulatory Sandbox [“RSB”] is a regulatory environment for conducting limited scale live tests of new products, services, processes, and/ or business models to assess that the regulatory environment will be conducive for such tests.

Amyn Malik


KPMG in Pakistan


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SECP has conceived and floated this innovative idea in Pakistan. RSB is the need of the hour especially due to present unpredictable business environment occasioned due to COVID-19 pandemic.

We would like to highlight that presently there are no enabling provisions in law, which would authorize, empower, and provide legitimacy to SECP to undertake such regulatory measures.

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