FCA to launch Digital Sandbox permanently

Following successful pilots, FCA’s Digital Sandbox will be made permanently available on 1 August 2023.

Until now, the platform has only been available on a temporary basis to institutions participating in FCA pilots and TechSprints.

Applicants may apply under any of the following themes:

  • Banking
  • Investment
  • Lending
  • Payments
  • Insurance
  • Pension
  • Wholesale buy-side
  • Wholesale sell-side
  • Cross-sectors

The approval process will take a maximum of 4 weeks and applicants will be assessed against the following criteria:

  • In scope
  • Genuine innovation
  • Consumer benefit
  • Readiness
  • Need for support

Laura Wiles