Understanding Rwanda’s Fintech Regulatory Sandbox for Capital Markets

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In a significant stride towards promoting financial innovation, the Capital Market Authority (CMA) of Rwanda has introduced Guidelines n° 002/CMA_G/2023, dated 27/04/2023. These guidelines govern the Fintech Regulatory Sandbox for Capital Markets, creating a controlled environment for fintech innovators to test their products and services, ensuring a balanced approach between innovation and regul