Regulatory Sandboxes: A Practical Guide for Policy Makers

Categories : Regulation and Payment System Governance, Regulation of Digital Financial Services

Posted:

Author: Nqobile Khumalo

What is a regulatory sandbox?

A formal regulatory initiative:
➢ to test innovation
➢ in the live marketplace
➢ on a time- and scope-limited basis
➢ to determine the appropriate regulatory treatment/status
➢ before the innovation can fully operate in the marketplace

…where other options fall short

This visual guide from CGAP walks you through the key decision points on whether to build a regulatory sandbox for financial inclusion.