C3 Exit Strategy
Please provide an exit and transition plan by including possible end-games of tests to be performed and the intended action for each end-game.
Examples of possible end games are, for example:
- test/s is/are completed successfully and results support deployment of technology at a larger scale;
- test/s is/are completed successfully but results do not support the deployment of technology at a larger scale;
test(s) has/have to be discontinued due to a technological failure, operational failure, indication of consumer detriment, etc.
- Please provide evidence of a communications plan that would inform customers with:
- The duration, boundary conditions and associated risks for participating in the Regulatory Sandbox.
Advance notification of the termination or when the proposed financial service can proceed to be deployed on a broader scale
- Please attach the exit strategy (If possible).