On 23 June 2022, the FCA published an evaluation report regarding the digital sandbox sustainability pilot. The report provides an overview of the digital sandbox sustainability cohort and discusses the key lessons learned. The FCA also covers its current thinking for the future of the sandbox.
The FCA is committed to establishing a permanent operating model for a digital testing environment based on the principles, and improved by the experience and feedback, of the Digital Sandbox initiative. It is currently undertaking further research and industry engagement to ensure that this future service meets the needs of its end-users, and to understand the most relevant potential use cases that this initiative could support. The FCA is also exploring further benefits of the platform, including its ability to facilitate regulatory-to-regulatory collaboration in, for example, the development of SupTech (supervisory technology) solutions. It is also exploring methods to make the digital sandbox data assets openly accessible in a way that complies with data protection laws.