FCA wants pandemic-relevant projects for sandbox

UK regulator announces scope of latest sandbox cohort and launches new digital initiative

Computer cables

The UK’s Financial Conduct Authority will use its regulatory sandbox to test technology which could help consumers affected by the Covid-19 pandemic, it announced.

This will be the FCA’s seventh sandbox cohort since it was established in 2015. Firms have until December 31 to apply.

According to the FCA’s statement, the sandbox will be open to firms that do not yet have authorisation to trade in financial markets as well as those that do. Participants will be able to test their products in a

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Global Technology Partner: ACI Worldwide

ACI Worldwide powers 26 domestic and pan-regional real-time payments schemes across six continents, including 10 central infrastructures, providing solutions to central banks, participant banks, fintechs and other payment service providers

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