Press Release: Guidance Note for Participation in the Regulatory Sandbox Industry Consultation

Published: Friday May 22nd, 2026

The Central Bank of The Bahamas is issuing, for a 15-day consultation period, its Guidance Note for Participation in the Regulatory Sandbox Framework. This initiative reflects the Central Bank’s ongoing work to improve access to financial services for unbanked and underserved segments of the Bahamian economy, while promoting responsible financial innovation within a risk-based supervisory and regulatory framework.

The proposed Guidance Note establishes the requirements for prospective applicants and existing Supervised Financial Institutions seeking to test innovative products, services, business models, delivery channels, and digital technology platforms within a controlled regulatory environment. This framework enables the Central Bank to assess the viability of proposed business models and their potential impact on the domestic financial services sector.

The document may be accessed on the Central Bank’s website at www.centralbankbahamas.com via the following path: Core Functions → Bank Supervision Department → Consultation Documents.

The Central Bank invites comments from financial institutions, technology providers, industry associations, and other interested stakeholders, by 12 June 2026. Feedback received during the consultation period will be considered in finalising the Guidance Note, and should be directed to the following:

Policy Unit

Bank Supervision Department

E-mail: [email protected]