Regulatory sandboxes are necessary to ensure that startups and other players can build things in a controlled environment within the guardrails without stifling innovation, a senior official at the International Financial Services Centres Authority (IFSCA) said on Monday.
Speaking at a session at the India AI Impact Summit 2026 in the national capital, IFSCA’s Chief Technology Officer Joseph Joshy also said he would look at the things through the regulatory lens.
The five-day summit — which will see a host of heads of state and government, overseas representatives and industry players, among others — commenced on Monday.
“We need to ensure that there are regulatory sandboxes among regulators so that there are guardrails… (so that) before regulations come startups and others can build things in a controlled environment so that you don’t stifle innovation and that you encourage it within the guardrails,” Joshy said.
Joshy is also the Chief General Manager as well as Head of FinTe​Regulatory sandboxes are necessary to ensure that startups and other players can build things in a controlled environment within the guardrails without stifling innovation, a senior official at the International Financial Services Centres Authority (IFSCA) said on Monday.
Speaking at a session at the India AI Impact Summit 2026 in the national capital, IFSCA’s Chief Technology Officer Joseph Joshy also said he would look at the things through the regulatory lens.
The five-day summit — which will see a host of heads of state and government, overseas representatives and industry players, among others — commenced on Monday.
“We need to ensure that there are regulatory sandboxes among regulators so that there are guardrails… (so that) before regulations come startups and others can build things in a controlled environment so that you don’t stifle innovation and that you encourage it within the guardrails,” Joshy said.
Joshy is also the Chief General Manager as well as Head of FinTe ​Latest News [ SOBAN NEWS: International and National ]
