Central Bank of Nigeria issues a Framework for Regulatory Sandbox Operations
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The Central Bank of Nigeria has issued a framework for regulatory sandbox operations.
According to the Bank, the Framework will enable it to ‘stay abreast of innovations while promoting a safe, reliable and efficient payments system to foster innovation without compromising on the delivery of its mandate.’
This Framework defines the establishment, rules, and operations of a regulatory sandbox for the Nigerian Payments System.
Further details are available here.
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