Welcome To Arizona's Regulatory Sandbox

WE ARE NOW ACCEPTING APPLICATIONS

Under Arizona Revised Statutes (“A.R.S.”) §§ 41-5601 to 41-5612, a Regulatory Sandbox (“Sandbox”) for innovative products and services is now available in Arizona.  The Sandbox enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services or other innovations without first obtaining full state licensure or other authorization that otherwise may be required.  The Arizona Attorney General’s Office is responsible for the admission process into and oversight of the Sandbox.

Submit feedback or questions to [email protected].

• Application
• Participant Resources
• Frequently Asked Questions
• Sandbox Participants
• Sandbox Alumni

Regulatory Sandbox Statute

• A.R.S. § 41-5601 – Definitions
• A.R.S. § 41-5602 – Program purpose
• A.R.S. § 41-5603 – Application process and requirements; fee
• A.R.S. § 41-5604 – Consultation with applicable agencies; admission authority
• A.R.S. § 41-5605 – Scope
• A.R.S. § 41-5606 – Consumer protection
• A.R.S. § 41-5607 – Exit requirements
• A.R.S. § 41-5608 – Discretionary allowances
• A.R.S. § 41-5609 – Recordkeeping and reporting requirements
• A.R.S. § 41-5610 – Records; disclosure; evidentiary effect
• A.R.S. § 41-5611 – Reporting requirements; monitoring; enforcement; agreements
• HB2434 (Effective August 3, 2018)
• HB2731 (Effective September 24, 2022)