FCA opens applications for Covid-19 regulatory sandbox

Application windows for cohort seven of the Regulatory Sandbox and the pilot of a new Digital Sandbox initiative opened on Monday (5 October), with an emphasis on supporting products and solutions that will assist consumers and firms affected by the pandemic. Preventing fraud and scams, supporting the financial resilience of vulnerable consumers, and improving access to finance for small and medium sized enterprises have been identified as particular areas of importance for the FCA. Cohort seven of the Regulatory Sandbox is open to authorised and unauthorised firms as well as technolo...