November 29, 2020

Sandbox, the lime and sand of the financial technology test bed


Madrid

Updated:

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The bill for the digital transformation of the financial system, which includes the creation of a Regulatory sandbox, is closer to becoming a reality. Under this concept, which literally means sandbox, it refers to a test space that makes it easier for companies to test innovative business models, under the supervision of supervisors, before entering the market. Its launch had been slowed down by the repetition of the general elections and, subsequently, by the outbreak of the coronavirus, although it is now facing its final stretch. On September 17, Congress unanimously approved the creation of this test bank which, after passing through the Senate for debate and voting, will be published in the

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