FCA launches new digital sandbox

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FCA headquarters in London

The UK’s Financial Conduct Authority has launched a new “digital sandbox”, aiming to help financial technology firms tackle the challenges presented by the coronavirus pandemic.  

The new sandbox is a joint project between the FCA and the City of London Corporation. It will grant firms access to “high-quality datasets” to test new technology, the FCA says in a statement released on July 16.

“We are now helping to establish a platform to tackle the challenges that will face the financial

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