UK’s FCA claims success after first year of ‘sandbox’

Regulatory ‘sandbox’ has had high success rate, but there have been some issues, says regulator

Financial Conduct Authority

After a year in operation, the UK’s regulatory ‘sandbox’ has achieved many of the goals set out by regulators, the Financial Conduct Authority says in a ‘lessons learned’ report published today (October 20).

The sandbox has reduced the time and cost of getting innovative ideas to market, with 75% of participants successfully completing testing, and 90% of these continuing on to a “wider market launch”. Firms in the sandbox found it easier to access funding and to test new products, while the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.