{"version":"1.0","provider_name":"Tilleke &amp; Gibbins","provider_url":"https:\/\/www.tilleke.com","author_name":"Eric","author_url":"https:\/\/www.tilleke.com\/author\/eric\/","title":"Fintech Insights: The Bank of Thailand\u2019s Sandbox Framework for Fintech Innovation - Tilleke &amp; Gibbins","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"WRjs0hhaJe\"><a href=\"https:\/\/www.tilleke.com\/insights\/fintech-insights-the-bank-of-thailands-sandbox-framework-for-fintech-innovation\">Fintech Insights: The Bank of Thailand\u2019s Sandbox Framework for Fintech Innovation<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.tilleke.com\/insights\/fintech-insights-the-bank-of-thailands-sandbox-framework-for-fintech-innovation\/embed\/#?secret=WRjs0hhaJe\" width=\"600\" height=\"338\" title=\"&#8220;Fintech Insights: The Bank of Thailand\u2019s Sandbox Framework for Fintech Innovation&#8221; &#8212; Tilleke &amp; Gibbins\" data-secret=\"WRjs0hhaJe\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/* ]]> *\/\n<\/script>\n","description":"One key component of Thailand\u2019s support for the development of fintech innovations is its sandbox framework, supervised by the Bank of Thailand (BOT). This framework supports business operators in experimenting with new technologies under controlled conditions. This article explores the structure and significance of the BOT&#8217;s sandbox program in driving fintech innovation in Thailand. The BOT Sandbox Framework In June 2024, the BOT updated its sandbox framework to provide a more comprehensive and flexible environment for testing fintech innovations. The framework allows participants to experiment with their ideas in a controlled and limited environment, balancing the need for innovation with the imperative of maintaining financial stability and consumer protection. Three Types of Sandboxes The BOT&#8217;s framework encompasses three distinct types of sandboxes: the Regulatory Sandbox, the Own Sandbox, and the Enhanced Regulatory Sandbox. Regulatory Sandbox The Regulatory Sandbox is a mandatory testing ground for certain BOT-licensed financial services to ensure"}