Kuwait Regulatory Sandbox Framework Released


The Central Bank of Kuwait released its Regulatory Sandbox Framework at the end of November, which focuses on "innovative FinTech products or services that are based on, or relevant to the electronic payment of funds either by using a new technology or an existing technology in an innovative way." 

Details traditional located within sandbox frameworks can be found in the Bank's "Frequently Asked Questions" for the Regulatory Sandbox, including the application process and fees, duration applicants can test within the sandbox (one year) and other relevant information.

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