[Law firm Veat V.A.R] Global AI Regulatory Sandbox Trends and Implications
Article posted in 2025-05-30 10:52:15 | VEAT
In the era of AI, the private sector is tireless in its efforts to enhance AI capabilities and strengthen competitiveness. The government also aims to be an “AI Top 3 Nation” and is committed to developing various visions and policies and securing resources to support them.
However, when we look at the reality of our country, we are blocked by “regulatory barriers” from the stage of securing “learning data” needed for AI learning, and even if we develop innovative products and services based on excellent AI capabilities, we must overcome regulatory barriers such as “licenses and permits” again to release them to the market. Korea has been operating a so-called “Korean Regulatory Sandbox” since 2019 to solve the problems of the positive regulatory system, but it has been pointed out that “the current Regulatory Sandbox system alone is limited in supporting AI industry promotion”.
Meanwhile, one of the key policies of the “EU AI ACT”, which has greatly influenced Korea’s Artificial Intelligence Basic Law, is that it allows member states to operate AI Regulatory Sandboxes. Major countries and international organizations, including the EU, recognize the benefits of the Regulatory Sandbox and are showing a willingness to actively utilize it in the field of artificial intelligence.
This report will examine the current status of “overseas AI Regulatory Sandboxes” and explore what types of special regulations are needed to activate the collection, utilization, and utilization of “learning data”, and whether Korea should introduce an “AI Regulatory Sandbox” or expand and reform the existing ICT Regulatory Sandbox.
Law firm Veat, with its experience and know-how in Regulatory Sandbox consulting and advice since 2018 and its expertise in the artificial intelligence industry, will provide professional advice and consulting to companies regarding regulatory improvement and will actively participate in government and National Assembly improvement efforts.
If you have any questions regarding AI-related Regulatory Sandbox consultation and application, please contact the “Regulatory Sandbox Consulting Team (Representative Attorney Song Do-young, doyoung.song@veat.kr, 02-576-8990)”.
Thank you.
Law firm Veat
[VEAT Regulatory Sandbox Consulting Team]
- Regulatory Sandbox Consulting Team Introduction: The ‘VEAT Regulatory Sandbox Consulting Team’ has been conducting government projects and corporate consulting related to Regulatory Sandboxes since the project discovery stage in 2018, for a total of 7 years. VEAT has experience reviewing over 500 cases, the largest number in Korea, through Regulatory Sandboxes for ICT, industrial convergence/financial innovation/smart cities/regional special zones/mobility. Representative Attorney Song Do-young has been awarded the ‘Prime Minister’s Commendation’ for his contribution to the activation of the Regulatory Sandbox system, serves as a member of the Financial Innovation Review Committee, and Law firm Veat has received an institutional commendation from the Ministry of Science and ICT.
- Members: Representative Attorney Song Do-young, Partner Attorney Baek Seung-cheol, Partner Attorney Jo Eun-byeol, Senior Attorney Jeon Yong-hwan, Senior Attorney Park So-hee, Attorney Song Ji-young, Attorney Kim Ji-soo, Attorney Lee Hye-rim, Attorney Han Hyung-joo, Attorney Lee Han-song, Researcher