The Regulatory Sandbox: A Training by Consultative Group to Assist the Poor (CGAP)
In September 2020, the Consultative Group to Assist the Poor (CGAP), released the technical guide, How to Build a Regulatory Sandbox: A Practical Guide for Policy Makers. ‘A regulatory sandbox is a tool for developing evidence about how a new product, technology, or business model (innovation) works and the outcomes it produces. Evidence gathering can help assuage (or confirm) regulatory concerns about the impact of innovations, allowing beneficial innovations to reach the marketplace."
CGAP is the global community of practice for inclusive digital finance. As a funder and member of the Executive Committee, the USAID Digital Finance Team shares CGAP’s new resources and facilitates trainings with USAID staff and partners. Fitting with the Marketinks' month theme of using evidence in partnerships, this session provided a high-level overview of the global sandbox landscape, key learnings from CGAP's Technical Guide, and practical examples from selected countries.