Publication Date: October 2018
Since its launch in 2016, 89 firms have so far been accepted to test innovative products and services in the UK Financial Conduct Authority (FCA)’s regulatory sandbox. And as the record numbers in the latest cohort testify, firms’ interest in applying to the sandbox shows no signs of abating. In fact, the FCA is now considering its next steps, which include leading the efforts to create a Global Financial Innovation Network and a global regulatory sandbox.
In response to these trends and developments, Innovate Finance and Deloitte interviewed several firms which have been through the FCA’s sandbox to seek their views on their journey. The majority of the firms were start-ups, and spanned the spectrum of the four sandbox intakes (aka cohorts).
The full report can be found below.