The head of the Information Technology Center of the Ministry of Economy and Finance announced the formation of three partial sandboxes in the past 6 months
According to the IDEA, Ahmad Taqvai Najib stated, Central Insurance Sandbox, Ministry of Communications Sandbox, and Ministry of Privacy Sandbox were sector sandboxes that started their activities in this period.
with the formation of these three partial sandboxes, the number of partial sandboxes reaches 5 sandboxes. The stock market sandbox and central bank sandbox were among the other sandboxes that have been formed so far.
According to Taqvai Najib, the specialized areas do not have any restrictions on setting up a partial sandbox if they provide convincing reasons for the commission members and working group members.
sandbox or test environment; It is a controlled space and environment where new businesses can operate for a limited period and with a limited number of users according to certain conditions. The sandbox or test environment was formed based on the guidelines for creating an integrated management system for testing environments for regulating innovative businesses in cyberspace, and after the approval and notification of this guideline, the first meeting of the sandbox working group was held in September 2020.
The head of the Center for Information Technology, Security of Cyberspace and Smart Economy of the Ministry of Economic Affairs and Finance, Ahmed Taqvai Najib, believes that Sandbox is concerned with the development of businesses, not limitations. He considers it possible to amend the rules and regulations in the long-term horizon of the sandbox.
But in the last three or four years, some businesses faced numerous regulatory barriers and license-oriented institutions and entrepreneurs, and still have not been able to get on the path of development.
Ahmad Taqvai Najib said: The sandbox of the Ministry of Economy is a collection of thirteen or fourteen institutions that form working group meetings. When the number of people exceeds a certain limit, it is not easy to make decisions in those meetings, and each group examines the issue from their own perspective and according to the limitations, the result does not arrive
The head of the Center for Information Technology, Cyberspace Security and Smart Economy said: We receive the complete plan in the sandbox of the Ministry of Economy, in the first secretariat, and after that we refer a part to the sandbox.
Taqvai Najib mentioned that this route has been modified for about three months and now this port can be used and a number of statistical requests have been registered. Importantly, from the time a request is received, the Working Group Secretariat is in the process and sees referrals.
In fact, what is being transferred from the secretariat to the sector sandboxes is that if the sector sandboxes carry out an activity, they can participate in the decision-making process.
Sandbox work deadline
Taqvai Najib said that with the approval of the working group, the licenses of partial sandboxes will have a period of one year, and if the sandbox does not reach a certain result in this period of time, its license will not be renewed.
Regarding the review of other countries in this area, he said: We did an evaluation and checked one or two countries that had good sandboxes, in that country eighteen projects were registered in the sandbox, two of which were licensed.
In response to the question, how do you evaluate the sandboxes, Taqvai Najib said: There are currently three approved chapters in operation, one for the stock market and two for the insurance center, which has been tested for almost a year and is currently being tested. They are exploitative. But now it is too early to evaluate the number of sandboxes that have been formed. Previously, we only had two sandboxes of the central bank and the stock exchange, which did not have any approval for a long time.
About the time to evaluate the performance of the new sandbox course, he said: We need time until the end of the year, and the next six months will be the time to evaluate the results of the path we have taken.
Some reduce the issue of sandboxing to the level of authorization
Ahmed Nowrozi, the secretary of the integrated working group for management and coordination of test environments, said: “Sandbox has been around for fifteen years, and a new type of regulation has emerged in the form of co-regulators and facilitators of regulation in the fields of fintech and in the fields of money and digital economy. Put it in the field of regulation. That is, we were faced with a new concept in the field of governance of our digital economy.”
According to Nowrozi, we should consider the sandbox and the sandbox thinking in governance as a new paradigm in digital economy governance and not just a limited tool for granting licenses and licensing to business because the purpose of licensing is not to business.
Nowrozi believes that the main purpose of Sandbox is to support businesses. Advocacy has two aspects, one aspect of advocacy for business, and one aspect of advocacy for governance that can create its own version of regulation and optimal governance on this ecosystem by accepting and accepting new actors.
Nowrozi continued: We should accept the business models as they are, not to propose to change that business model, because our goal is to know more and better about this business model and optimal regulation. So what is really business is important to us.
No Comment! Be the first one.