IRDAI extends the last date of submission of draft exposure on IRDAI (Regulatory Sandbox) Regulatory, 2019

Jun 03, 2019 | by Avantis RegTech Legal Research Team

The Insurance Regulatory and Development Authority (IRDAI) had published draft IRDAI (Regulatory Sandbox) Regulations, 2019. The main objective was to strike a balance between orderly development of Insurance sector on one hand and protection of interests of policyholders on the other, while at the same time facilitating technological innovation.  The interested stakeholders were requested to submit their comments or suggestions on the draft Regulation by May 31, 2019, however, now IRDAI has further extended the last date of submission of comments or suggestions by June 09, 2019.

[Public Notice:  IRDA/ INT/ Reg Sandbox/ 05/ 2019]

Click here to download the Notice.



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