Vanuatu Regulatory Sandbox

About the Project

The Reserve Bank of Vanuatu launched Tonga’s Fintech Regulatory Sandbox Framework with an objective to promoting financial stability and a sound and efficient financial system. It was one of seven regional central banks that are participating in the AFI Pacific Islands Regional Initiative (PIRI) landmark Pacific Regional Regulatory Sandbox Guidelines 2020. The guidelines outline the rationale and objectives of the sandbox as well as guidance for potential applicants on the requirements, information, stages, and procedures.

RBV launched its domestic Regulatory Sandbox Framework in July 2025.

Start and End Date

Not Available
-
July
2025

Geographical Focus

Main Beneficiary

Government and Private Sector

Status

Complete

Budget ($)

Donors

Contact Person

Nelida Taebo
Pacific E-commerce Governance and M&E

Policy Area

PA5. Electronic Payment Solutions

Strategic Output

5.1. Non-bank digital payment solutions for E-commerce are deployed across the Pacific.

Measures

5.1.2 Implement harmonised regulatory sandboxes or similar mechanisms for fintech development using recently approached AFI guidelines for regulatory sandboxes for fintech

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