Call for Input: Cross-Sector Sandbox

We are publishing a Call for Input to expand and deepen the discussions on whether a cross-sectoral sandbox or similar mechanism is needed to ensure a consistent and efficient approach to emerging technologies. 

Read Call for input (PDF)[1]

We received support from the Regulators' Pioneer Fund[2] (a fund launched by the Department for Business, Energy and Industrial Strategy and administered by Innovate UK) to explore the need for a cross-sector regulatory sandbox. This would be a single-point-of-entry sandbox for firms to test innovative propositions with multiple UK regulators, in a controlled environment.

Who this applies to

Given the cross-sectorial nature of this proposal, this Call for Input will be of interest to a very wide range of firms, regulators and consumers, including:

• FCA regulated firms that (intend to) use emerging technologies to facilitate business models spanning at least one other regulator
• Any firms that are subject to a UK regulatory authority and consider diversifying their business model into the financial services sector
• Governmental bodies, policy makers and Think Tanks
• Regulators and other authoritative bodies
• Consumers and consumer organisations

Next steps

This consultation has now closed.