Presenter: Ivo Jenik, CGAP
Since its introduction by the UK FCA (Financial Conduct Authority) in 2015, the globe has witnessed the emergence of a novel regulatory innovation called a ‘regulatory sandbox,’ designed to incubate innovation in the financial sector in a relaxed, but safeguarded regulatory environment. It also provides a symbiotic environment for innovators to test new technologies and for regulators to understand their implications for the financial sector and consumer protection.
This webinar will:
- examine and explore the operation of regulatory sandboxes, also known as fintech sandboxes, appearing around the globe
- enumerate and summarize some lessons learned during the first few years of operations
- peer ahead at the future and discuss what is appearing on the horizon
About The Speaker:
Ivo Jenik is a financial sector specialist at Consultative Group to Assist the Poor (CGAP.) He has 10 years of experience in finance, primarily in retail financial services regulation. He has led CGAP’s work on regulatory innovation (crowdfunding, regulatory sandboxes) and capacity building for policy makers (regulation and supervision of digital financial services) across continents.
Before joining CGAP, Mr. Jenik worked in the Responsible Financial Access team at the World Bank, where he specialized in financial consumer protection and alternative dispute resolution. His professional experience spans across both the private and public sector, including serving as a compliance officer at an investment company and as head of the Collective Investment Department at the Czech Financial Ombudsman.
Mr. Jenik has a Master’s degree in Law from Columbia Law School in New York and a Master’s degree in Law from Charles University in Prague.