SNS #4
Innovation in Regulation
MAIN TAKEAWAYS
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46%
THINK SMALL FIRST
11 out of 24 countries (46%) demonstrated with clear evidence of having the Think Small First principle in place
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21%
COMPLIANCE EXEMPTIONS
21% of the surveyed countries clearly indicated that they offer exemptions or alternatives for startups to achieve compliance.
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63%
REGULATORY SANDBOXES
15 out of 24 countries (63%) showed evidence of currently having regulatory sandboxes in place. Out of these countries, and based on the evidence provided, the highest number of regulatory sandboxes in place is currently five, while the highest number of startups involved in sandboxes in a given country is 100.