UK:
UK Conduct Regulator Invites Applications For Cohort Five Of Its Regulatory Sandbox
02 November 2018
Shearman & Sterling LLP
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On October 15, 2018, the U.K. FCA announced that the application
window had opened for cohort five of its regulatory sandbox. The
FCA announced the successful applicants to the previous cohort in
July 2018.
The FCA's sandbox is part of the FCA's Project Innovate,
which was launched in 2014. The regulatory sandbox has been in
operation since 2016 and provides a controlled environment for
firms that satisfy the relevant eligibility criteria to test
innovative products and services with real customers.
The deadline for completed applications for cohort five is
November 30, 2018.
The FCA webpage is available at: https://www.fca.org.uk/firms/regulatory-sandbox
and details of the successful applicants to cohort four are
available at:
https://finreg.shearman.com/uk-regulator-announces-successful-applicants-to-c.
The content of this article is intended to provide a general
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