CII Gets Go-Ahead for Regulatory Sandbox for Insurance Startups

The Central Insurance company of Iran (CII) says it has received a license from the Ministry of Economy to launch a regulatory sandbox. 
Ali Bonyadi, the CII deputy for planning and development, made the announcement on Sunday. "Fortunately, in collaboration of the Economy Ministry, the establishment of a regulatory sandbox in the insurance industry has been  approved".
Aa a first step, the regulatory sandbox will commence its activities through the website of the Task Force for Sandboxes Management and Coordination at the Ministry of Economic Affairs and Finance.