Rwanda Capital Markets Authority (CMA) has invited public comments on draft regulations governing intermediary service platform operators, intended to provide a regulatory framework for fintech innovations that have successfully completed testing in the CMA’s regulatory sandbox and for similar business models that may emerge. The draft follows the CMA’s introduction of a fintech regulatory sandbox framework for small-scale live testing within a defined period, with specific reference to Article 11 on exit from the sandbox testing phase. Input is sought from stakeholders including fintech experts, legal practitioners, bankers, the payment industry, capital market participants and investors. Written comments are due by 24 February 2026, and the CMA also plans a physical consultation meeting on 26 February 2025, with further details to be shared.