Press release on Standard Operating Procedure for Inter-operable Regulatory Sandbox (IoRS) (dated-12.10.2022)-IRDAI.
View PdfPress release on Standard Operating Procedure for Inter-operable Regulatory Sandbox (IoRS) (dated-12.10.2022)-IRDAI.
- In order to facilitate testing of innovative products/services falling within the regulatory ambit of more than one financial sector regulators viz. RBI, SEBI, IRDAI, IFSCA and PFRDA, a Standard Operating Procedure (SOP) for IoRS has been prepared by the Inter-Regulatory Technical Group on FinTech (IRTG on FinTech). The Insurance Regulatory and Development Authority of India today placed on its website the SOP for IORS, refer attachment for further details.
