Regulatory Sandbox Policy Guidance Note

This policy note provides a framework for a Regulatory Sandbox to allow for testing of innovative products, solutions and services that have the potential to deepen or broaden the Kenyan capital markets.

 

The Regulatory sandbox is a tailored regulatory environment for conducting limited scale, live tests of innovative products, solutions and services. The Regulatory Sandbox provides an evidence-based tool for fostering innovation while allowing the Authority to remain vigilant to investor protection, financial stability and integrity risks.

The Regulatory Sandbox supports the broader national policy agenda described in Kenya Vision 2030 and the 10-year Capital Market Master Plan. Drawing on emerging global best practices, the Authority seeks to position the Regulatory Sandbox as a tool for facilitating capital markets innovation in Kenya and helping to advance the Authority’s goal of creating a vibrant and globally competitive financial sector.

This Policy Guidance Note sets forth the eligibility, application, safeguard, and testing requirements for firms interested in live testing of innovative products, solutions or service with the Authority’s Regulatory Sandbox. The Regulatory Sandbox application form is attached as Annex A.

 

Document Details

Title (Non-English): 
Regulatory Sandbox Policy Guidance Note
Document Type: 
Document Topic: 
Doument Author (Entity): 
Authoring Country: 
Originating Country or Trade Block: 
Issue Status: 
Year of Document: 
2019
Date of Document: 
Sunday, May 19, 2019
Document Authors: 
Kenya Capital Markets Authority
Language (This Document): 
English

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