FCA reveals list of firms in innovation ‘sandbox’
One insurance organisation is part of the FCA scheme which is designed to support innovators navigate the regulatory system.
The Financial Conduct Authority has published a list of firms that were successful in joining its regulatory sandbox as part of its Project Innovate.
According to the FCA the regulatory sandbox is part of Project Innovate, an initiative kicked off in 2014 to provide innovators with support to navigate the regulatory system and promote competition in the interest of consumers.
The regulatory sandbox aims to create a 'safe space' in which businesses can test innovative products, services, business
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