FCA consults on global sandbox

FCA’s regulatory sandbox has supported 60 firms with innovative ideas since its launch in 2016. To date, it has allowed firms to conduct tests in the UK only, but FCA is now planning to expand it and is seeking views on the creation of a global sandbox. This would allow firms to conduct tests in different jurisdictions and the relevant regulators to work together to identify and solve problems.

FCA asks for views by 2 March.