The Capital Markets Authority (CMA) has officially launched its Regulatory Sandbox Rules, marking a significant milestone in advancing fintech innovation, financial inclusion, and digital transformation within Uganda’s capital markets.
The launch was made during the 7th FITSPA Annual Fintech Conference 2025 in Kampala.
Speaking at the launch, CMA Chief Executive Officer Josephine Okui Ossiya reaffirmed the Authority’s commitment to creating an enabling environment for innovation while maintaining investor protection and market integrity.
“The Regulatory Sandbox provides a safe, supervised environment for fintech innovators to test new products and business models under CMA’s oversight. It enables direct engagement with the regulator, helps shape future policy, and builds investor confidence through transparent experimentation,” said Ossiya.
The Regulatory Sandbox will allow both established and emerging fintech companies to experiment with new technologies, products, and services in a controlled environment without being immediately subject to full regulatory requirements. This approach is expected to foster creativity, attract investment, and promote collaboration between innovators and the regulator.
According to CMA, the sandbox will open doors to product innovation, improved service delivery, advanced analytics and advisory models, and new digital channels for connecting investors with capital.
Lyn Tukei, CMA’s Public Relations Manager, said the initiative aligns with Uganda’s 10-Fold Growth Strategy, which aims to grow the economy from USD 63 billion to USD 500 billion by 2040 through technology-driven investment and long-term capital mobilization.
Industry experts believe the initiative could strengthen the integration between Uganda’s capital markets and the rapidly evolving fintech ecosystem, enabling startups and investors to explore new opportunities that were previously constrained by regulation.
The move also aligns with Uganda’s broader digital transformation agenda, positioning the country as a regional hub for fintech experimentation and capital markets innovation.
By launching the sandbox, CMA joins a growing number of progressive regulators across Africa embracing technology-driven solutions to modernize financial markets and promote inclusive economic growth.
CMA has pledged to continue collaborating with innovators, financial institutions, and investors to ensure the sandbox promotes responsible innovation while upholding market integrity and consumer protection.