25 June 2026, Baku: Applications for participation in the third period of the regulatory sandbox regime, which provides for limited testing of innovative financial products and services under the supervision of the Central Bank, have begun.

At this stage, applications will be accepted for testing innovative products and services operating in the field of financial technologies. The acceptance process will be open for 2 months. Applications will be accepted until August 25, 2026.

Innovative financial products that meet the criteria of the regulatory sandbox regime will be eligible to participate in the test on the basis of an agreement to be concluded with the Central Bank.

It should be noted that the regulatory sandbox regime aims to support the development of innovative financial solutions in the country, expanding access to financial services, as well as supporting the more transparent and efficient development of the financial market.

In order to participate in the regulatory sandbox regime, it is possible to submit the documents and information specified in paragraph 4.2 of the Regulation for the Application of the Regulatory Sandbox Regime to the Central Bank via a special website (sandbox.cbar.az) or in writing.

If you have any questions regarding the regulatory sandbox regime, please contact sandbox@cbar.az.

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