The New Sandbox Framework
Mar 27, 2019
On June 6, 2018 the Government of Japan introduced the Sandbox framework. This framework was presented as one of the mechanisms for regulatory reform to facilitate realization of innovative technologies and business models in Japan.
- ・The framework does not limit the area of regulations, but covers those on financial services, healthcare industry, mobility and transportation.
- ・Companies, including overseas companies, can apply to conduct demonstrations under this new framework and test the possibilities of using innovative technologies such as AI, IoT or block-chains for future business, especially when they cannot start businesses due to existing Japanese regulations.
You can read about the Sandbox regulatory framework at –
https://www.jetro.go.jp/ext_images/en/invest/incentive_programs/pdf/Detailed_overview.pdf
You can consult regarding this programme on JETRO’s Invest Japan Hotline -
