Cabinet meeting passes regulatory sandbox bills
- 6 years ago
`규제혁신 5법` 중 3개 공포안 의결…한국형 규제샌드박스 도입
The nation's Cabinet approved bills creating a regulatory sandbox sectors such as information and communication technology.
A move expected to speed up the innovation and commercialization of next-generation technologies in Korea.
The changes mean exemption for businesses deemed innovative... from various regulations for a certain period of time... so they can test their goods and services.
The science ministry, among others, are expected to create taskforces to iron out the details... of how to implement the regulatory sandbox, which will take effect next year.
The nation's Cabinet approved bills creating a regulatory sandbox sectors such as information and communication technology.
A move expected to speed up the innovation and commercialization of next-generation technologies in Korea.
The changes mean exemption for businesses deemed innovative... from various regulations for a certain period of time... so they can test their goods and services.
The science ministry, among others, are expected to create taskforces to iron out the details... of how to implement the regulatory sandbox, which will take effect next year.