IT Park and EY will create a regulatory sandbox for innovative projects

IT Park and EY Uzbekistan have signed an agreement to establish a regulatory sandbox, which will allow companies to test innovative products and services under the supervision of regulators. The project, implemented with the support of the Ministry of Digital Technologies, aims to develop a special legal regime that fosters the development of innovative solutions.

EY Uzbekistan will conduct a review of international trends, analyze constraints and influencing factors, and develop elements of the regulatory sandbox taking into account international experience and the specifics of the Uzbek market. The project will be implemented within the framework of the activities of the International Center for Digital Technologies Enterprise Uzbekistan, highlighting the significance of developing digital innovations in the country.

Source: digital.uz