FCA accelerates 'digital sandbox' pilot plans amid coronavirus

Encourage collaboration

Hannah Godfrey
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The regulator has decided to move forward with plans sooner than anticipated so it can provide support to firms looking to tackle coronavirus-related challenges.
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The regulator has decided to move forward with plans sooner than anticipated so it can provide support to firms looking to tackle coronavirus-related challenges.

The Financial Conduct Authority (FCA) will bring forward the launch of a ‘digital sandbox’ in light of the Covid-19 crisis.

Prior to the pandemic the FCA had been exploring the concept of a digital sandbox, which would allow innovative firms to test and develop proofs of concept in a digital testing environment, and enable...

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