FCA Issues Sandbox Report, Outlining Firms’ Progress

[kreslik.news]

The Financial Conduct Authority’s (FCA) has issued a progress report on the regulatory sandbox, part of Project Innovate. The sandbox’s latest findings and objective represent an opportunity for businesses to test innovative products, services, business models, and delivery mechanisms in the real market, with real consumers.

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Following its installment in 2016, the group has succeeded in allowing venues to explore new opportunities and business models, all with requisite safeguards are in place. Presently the sandbox supports fifty firms from a group of ... (read more)