Regulations on Guiding and Assisting Financial Technology Development Article 13

To provide guidance to fintech innovators on evaluating whether it is necessary to apply for approval to undertake an innovative experimentation and preparing the application documents, the competent authority should hold public briefings on laws and regulations regarding innovative experimentation and provide counseling services for individual fintech innovators upon their requests.If it is deemed by the competent authority following evaluation that it is not necessary for a fintech innovator to make an application for innovative experimentation, the fintech innovator may request the competent authority to issue an official written opinion after providing an explanation of its concrete business plans.A fintech innovator that has received guidance from the competent authority on applying for innovative experimentation may not use the fact as publicity that certain application items have been confirmed or that the value of an innovative experimentation is guaranteed.