According to IFC webpage, the key objective of this advisory program is working with the Reserve Bank of India (RBI), with the goal of fostering the development of a financial technology (“FinTech”) ecosystem in India by working on the following two topics:
(i) technical support on the Regulatory Sandbox (“RS”); and
(ii) knowledge/advisory support on supervisory technology (“SupTech”) and regulatory technology (“RegTech”).
Note: Regulatory sandboxes will allow small scale, live testing of innovations by firms in a controlled environment, under the regulator's supervision.
No contact information provided at the time of disclosure
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org