[Central日报] “Simply arguing for deregulation isn’t enough” – A to Z explained by a Regulatory Sandbox Specialist Lawyer

Law firm Veat’s interview regarding the regulatory sandbox was published in JoongAng Ilbo.

Regulatory Sandbox refers to…

a system that provides exceptional authorization for businesses that are difficult to obtain authorization under the current law.

This interview thoroughly covered the current regulatory sandbox system, from explanations of the sandbox's progress to various issues within academia.

Partner Attorney Songdo-yeong explained, based on more than 200 regulatory sandbox consulting experiences, the problems frequently encountered by companies during the application process and the necessary preparations for final selection.

Furthermore, he introduced various sandbox support schemes for startups, sharing useful information with companies considering applying for a sandbox.

Partner Attorney Songdo-yeong stated, “Regulations are not simply negative if they are naively negative,” and “After building a foundation through schemes like the regulatory sandbox, we should pursue comprehensive regulatory relaxation.”

​Read the full interview is available through the link.

For companies needing assistance with regulatory sandbox applications and business model reviews related to launching new businesses, please contact Law firm Veat.

Thank you.

Law firm Veat Dream