CMA Launches Regulatory Sandbox to Accelerate Fintech Innovation 

The Capital Markets Authority (CMA) has officially launched the Regulatory Sandbox Rules during the 7th FITSPA Annual Fintech Conference 2025, marking a major milestone in advancing fintech innovation and financial inclusion within Uganda’s capital markets. 

Speaking at the launch, Ms. Josephine Okui Ossiya, CEO of CMA, underscored the Authority’s commitment to supporting innovation while safeguarding 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 Josephine Okui Ossiya, CEO of Capital Markets Authority.

This initiative supports Uganda’s 10-Fold Growth Strategy to grow GDP from USD 63 billion to USD 500 billion by 2040, by fostering technology-driven capital mobilization and long-term investment.

‘Through the sandbox, CMA aims to unlock opportunities in Product innovation, Enhanced service delivery, Advanced advisory, analytics & research & New ways of connecting investors with capital, Ms Lyn Tukei, PR Manager Capital Markets Authority added.

Josephine Okui Ossiya

The launch reflects CMA’s vision of a modern, inclusive, and technology-enabled capital market that drives national economic transformation. 

For Regulatory Sandbox Guidelines, visit www.cmauganda.co.ug.

The Capital Markets Authority (CMA) of Uganda is a statutory body established in 1996 under the Capital Markets Authority Act (Cap 64) to promote, develop, and regulate the capital markets industry in Uganda.

CMA executes its legal mandate with the following objectives:

1. Promoting confidence in the capital markets

2. Ensuring honesty and transparency in capital markets transactions

3. Carrying out investor education

4. Protecting investors; and

5. Reducing systemic risk in the financial system transformation.