This survey was designed to provide the evidence base for a comparative understanding of how regulators across the world deal with innovation and the impact of their actions. It complements similar initiatives (e.g. FSB, BIS, EBA and WBG-IMF Global Fintech Survey) and is meant to close the existing knowledge gaps while establishing a baseline for further measurement.
The survey was conducted between February and April 2019, with 62 financial sector regulators inquired, 31 total responses collected (27 fully completed) and 28 countries covered around the world. It covers the following areas:
Law, Regulation and Innovation.
Barriers to Innovation.
Motivation for Innovation Facilitator(s).
Regulatory Sandbox Specific Impact.
The aggregated data summarized in this slide deck will feed into a range of CGAP and the World Bank Group knowledge products.
This work was funded in whole or in part by CGAP. Unlike CGAP's official publications, it has not been peer reviewed or edited by CGAP, and any conclusions or viewpoints expressed are those of the authors, and they may or may not reflect the views of CGAP staff.