Nancy Sundberg�Senior Programme Officer, ITU/BDT
ICT regulatory sandboxes
12 July 2023
What is a regulatory sandbox?
A regulatory tool to provide a secured environment for innovative solutions to be developed and tested live against rules and regulations with consumers without the need of immediately incurring all normal regulatory consequences.
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The case for ICT regulatory sandboxes
Nearly 25% countries worldwide
General objectives and principles
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Objectives of regulatory sandboxes in selected countries
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Inform long term policy making through learning and experimentation
Signal commitment to innovation and digital transformation
Promotes communication and engagement with market participants and cross sectoral stakeholders
Update regulations that may prohibit beneficial innovation
Benefits of a Sandbox
Regulator/ Policymaker
Innovators
Consumers
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Establishing a Regulatory Sandbox
Conceptualisation of a regulatory sandbox
Operationalizing of a regulatory sandbox
Post-implementation considerations and risks
Governance and Institutional structure
Collaboration and Engagement
Team capacity and Resources
Founding Document
Submission and Evaluation of applications
Guidance and Supervision
Connections with external and internal advisors
Monitoring and Evaluation
Gather and share data
External engagement and collaboration
Support and feedback
Lessons and subsequent actions
Knowledge sharing and transfer
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Conceptualising a Regulatory Sandbox
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Conceptualising a Regulatory Sandbox
Governance Checklist
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Conceptualising a Regulatory Sandbox
Collaboration
and Engagement
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Regulatory Sandbox Risks
Regulators Capacity
Transparency and Competition Bias
Reputational Risk
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Novel regulatory tools can unlock the power of new and emerging technologies
“ Enhance innovation in emerging areas by creating safe space for regulatory experimentation such as innovation testbeds and regulatory sandboxes to allow fine-tuning new business models and foster resilience of future networks and services.
Allow broadening legal frameworks for experimental regimes for digital innovation using regulatory sandboxing to multiple sectors…”
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