The importance of the 'regulatory sandbox' was reiterated in the Financial Conduct Authority's (FCA) annual business plan. But what does the industry make of the proposal?
The business plan for 2016/17 announced the 'regulatory sandbox' would be launched this spring and emphasises the importance of technology to the future of financial services. The sandbox aims to foster new ways of helping firms of all sizes develop novel ideas for market by reducing the regulatory burden for products brought to market. But what does the industry make of the proposal think the proposal is useful to them? The response has been mixed. The lang cat founder Mark Polson Generally speaking, this is both a good thing for developing companies in that it shows the...
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