Fintech regulator of the year

 

Open to: All regulators operating in the Middle East, Central and South Asia and North Africa.

The Middle East will be defined by the following countries for the purpose of the award - GCC countries (to include Bahrain, Kuwait, Oman, Saudi Arabia, and the United Arab Emirates), Jordan, Lebanon, Iraq, Iran, Palestine Territories and Turkey. 

Central and South Asia will be defined by the following countries for the purpose of the award - Afghanistan, Bangladesh, India, Kyrgyzstan, Kazakhstan, Pakistan, Sri Lanka, Tajikistan, Turkmenistan, and Uzbekistan.

North Africa will be defined by the following countries for the purpose of the award - Algeria, Egypt, Libya, Mali, Morocco, Sudan, Tunisia, Libya and Mauritania.

 

About this category:  

In this category judges are looking for a new product or service that disrupts the financial sector by introducing innovative, state- of-the-art solution that benefits both users and service providers. 


This could be an innovation in payments, banking, blockchain, lending, regulation, insurance, wealth management, money-transfer or security. 


Their success will be measured on the ability to transform the way we experience financial services, creating competition in the market, collaborating with multiple partners in the industry and the ability to expand beyond the original target market.  

 

Criteria: 

Entrants will be judged on their answers to the following questions: (Answers to each question will be cut off after 250 words) 

 
  1. Name of the regulatory board  
  2. Are you currently operating a regulatory sandbox? How long has the sandbox been operational?
  3. How many fintechs are you currently working with? What financial verticals do they sit in?
  4. How are you attracting international talent, investors and businesses to the hub?
  5. How are you developing the hub into a recognisable brand of its own right?
  6. How else are you developing your city/ country into a regional fintech hub?
  7. What makes your offering standout to other hubs and make it truly inspirational?