Indonesia’s Financial Services Authority (OJK) has received 343 consultation requests from potential participants in its regulatory sandbox program. These consultations have been submitted since the program’s rules were initially published and continued through July 31, 2026. The regulatory sandbox allows fintech companies and other innovators to test new financial products and services in a controlled environment. This initiative aims to foster financial innovation while mitigating potential risks to consumers and the financial system. The OJK views these consultations as a key part of its efforts to develop a more inclusive and competitive financial sector. The ongoing requests highlight strong interest from the industry in utilizing the sandbox for product development and regulatory clarity. Further details regarding the specific nature of these consultations have not yet been released.