THE BANK OF TANZANIA (FINTECH REGULATORY SANDBOX REGULATIONS 2024

1. Describe the nature and scale of your operations

2. Briefly describe the proposed financial solution.

3. Briefly indicate source of funding to facilitate testing and deployment of the proposed financial solution.

4. Briefly describe the timelines for testing and deployment of the proposed financial solution.

5. Briefly describe the technologies and proposed financial solution. infrastructure of underlying the

6. Briefly describe the financial and human resources requirements for testing and deployment of the proposed financial solution.

7. Provide details of the problem to be solved in the financial ecosystem and describe how the proposed financial solution will solve the problem and provide benefits to the consumers and/or the industry.

8. Describe and attach the business plan including the the roadmap proposed financial solution on a broader scale after exiting the Fintech Regulatory Sandbox. to deploy

9. Describe your proposed exit strategy in the event of discontinuation at any time or deployment on a broader scale if testing is successful. the legal

10. Identify regulatory or requirements that are challenges on deployment of proposed financial solution and the regulatory flexibilities needed to undertake the test.

11. Briefly describe testing environment and how the testing will be conducted the proposed

12. Explain the intended key outcomes of the testing.

13. Outline the risks including fraud, money terrorism, financial laundering,financing proliferation financing and 15 Please keep the response below 100 words. Additional information may be provided as supporting documents. Please keep the response below 100 words. Additional information may be provided as supporting documents. Please keep the response below 100 words. Additional information may be provided as supporting documents. Please keep the response below 50 words. Additional information may be provided as supporting documents. Please keep the response below 200 words. Additional information may be provided as supporting documents. “” “” “” “” “” “” “” “” Bank of Tanzania (Fintech Regulatory Sandbox) Regulations GN. No. 540 (Contd) instability and the proposed mitigation measures. Declaration by Shareholders I, the undersigned, hereby declare that: a) the particulars set out herein are true and correct to the best of my knowledge and belief; b) I am not adjuged bankrupt or have never been convicted of fraud or dishonesty. Name: Signature: Name: Name: Signature: Name: BEFORE ME: Name: ………………………………………………………………… Signature: ………………………………………………………………… ………………………………………………………………… Date: Address: ………………………………………………………………………….. Qualification: …………………………………………………………………… 16 Bank of Tanzania (Fintech Regulatory Sandbox) Regulations GN. No. 540 (Contd) Sample of covering letter Part B [Address of the Applicant] [Date] Governor, Bank of Tanzania, 16 Jakaya Kikwete Road , P.O Box 2303, 40184 Dodoma Tanzania. Email: botcommunications@bot.go.tz info@bot.go.tz Dear [Addressee], RE: [Statement of intent to participate in Bank of Tanzania’s Regulatory Sandbox] [Provision of overview of the company and the proposed financial solution] [Provision of other pertinent details such as attached requirements/documents and contact details] Sincerely yours, [Signature] [Name] [Position] [Company] Dodoma, MWIGULU LAMECK NCHEMBA MADELU 24th June, 2024 Minister for Finance 17