Regulatory Sandbox
The regulatory sandbox provides an innovative and safe space that facilitates controlled live tests of new financial products and services prior to commercial deployments. The CBSI Regulatory Sandbox Framework outlines the minimum requirements or guidelines for admitting a proposed product solution for testing in CBSI’s FinTech Regulatory Sandbox. It provides a framework through which controlled testing of new financial products and services can be conducted under close supervision of the Central Bank.
- For all enquries regarding information and application process, contact the CBSI Financial Systems and Regulations Department (FSRD) on regulatorysandbox@cbsi.com.sb
- Interested applicants are required to fimiliarize themselves with the objectives and principles of the sandbox. Early consultation with CBSI prior to submission is recommended.
- The required admissable format for all applications and supporting documents must be in pdf format and not exceeding 5MB. If the volume of the attachments exceeds this size, the Applicant can send attachments in separate emails, indicating that they relate to a single application’ if they have submitted directly.
This table has all the information about the Applicants which applications for testing were approved.
| Counting No. | Entity/Applicant | Registration No. | Product Name | Date of Signing | End of Testing | Website | Contact Details | Status | Latest Status |
|---|---|---|---|---|---|---|---|---|---|