Oregon encourages responsible testing of new business models, delivery channels, automated decisions, and partnerships. The regulatory sandbox:
- Allows businesses to test products, services, and tools within a well-defined space for a limited duration.
- Includes safeguards to minimize the results of failure and maintain the safety and soundness of Oregon’s financial system.
- Provides support through collaborative regulatory requirements, approved by the division.
Sandbox guidelines detail the objective and principles, and provide guidance to the business entity about the application process. Once the trial period is complete, the business will be required to comply with all relevant regulatory requirements.
If you have questions about Oregon’s innovation hub or sandbox, contact the Innovation Liaison by filling out the form on this page.