Regulatory Sandboxes: A Practical Guide for Policy Makers
Categories : Regulation and Payment System Governance, Regulation of Digital Financial Services
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.