Department of Economic and Social Affairs Public Institutions
Events
National Consultation on “Frontier Technology Policy Experimentation and Regulatory Sandboxes for
Start Date/Time:
Tuesday, September 7, 2021 8:00 AM
End Date/Time:
Tuesday, September 7, 2021 10:00 AM
Recurring Event:
One time event
Importance:
Normal Priority
Registration Type:
Description:
National Consultation on “Frontier Technology Policy Experimentation and Regulatory Sandboxes” in the Maldives

Tuesday 7 September 2021, 08:00 -10:00 (Maldives time)

 

 
Description

Frontier technologies carry a promise to fast track the Sustainable Development Goals (SDGs) through supporting innovative, forwarding-looking policies and solutions. There are, however, numerous risks and complexities of digital technologies that come along with those opportunities, such as a widening digital divide as well as policy and regulatory challenges. 

In recent years, relatively new approaches of policy experimentation and regulatory sandboxes have emerged among countries, and have proven to be effective in creating a more conducive space where governments, in partnerships with relevant stakeholders, can experiment and trial with digital technologies and innovations at the edge or outside of the existing policy space and regulatory framework.

The Maldives is one of three[1] target countries of the project. A sensitization workshop was held on 3rd June 2021[2] of which the Maldives identified ‘Digital currency’ and ‘Mobile Wallet’ as potential project’s focus areas. As a follow-up to the sensitisation workshop, DESA, ESCAP and the Ministry of Environment, Climate Change and Technology (MECCT) are jointly organising a national consultation workshop with relevant domestic stakeholders on the project.

The key objectives of the meeting are to conduct in-depth consultation with national stakeholders and experts on the opportunities and obstacles of implementing policy experimentation on ‘Digital currency’ and ‘Mobile Wallet’ and to identify the next course of action in strategic planning and implementation for advancing the project in the Maldives.

For any question related to the event, please contact the ESCAP secretariat at escap-ids@un.org.

 

[1] Bangladesh and Kazakhstan.

[2] https://www.unescap.org/events/2021/sensitization-workshop-frontier-technology-policy-experimentation-and-regulatory

 

 

Documents

• Draft programme

• Draft concept note

• Frontier Technologies, Policy Experimentations, and Regulatory Sandboxes in Asia and the Pacific, ESCAP

• Mobile Wallets: Driving “at scale” adoption, Lessons from China and Sweden, Mr. Reet Chaudhuri, McKinsey & Company

• CBDC Adoption Patterns & Lessons Learned, Viewed through the lens of Financial Inclusion, Mr. Ric Shreves, AID:Tech

• Enabling FinTech Innovation through Regulatory Sandboxes, Mr. Ali Haris, Payer.mv

 

• Statement by Mr. Vincenzo Aquaro, Chief of Digital Government Branch, DPIDG/DESA

 

 

Owned by Yusuf Eren On Wednesday, September 8, 2021

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