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Version date: 20 July 2022 - onwards
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Schedule 4 FMI Sandboxes

This format of the bill is taken from the text of stage Committee stage published on 23 March 2023 by House of Lords

Section 13

Participation

1

(1) Eligibility for participation in the FMI sandbox arrangements for FMI entities and persons other than FMI entities.

(2) The requirements mentioned in sub-paragraph (1) may be framed by reference to -

(a) the description of persons who carry on activities;

(b) the description of activities carried on by persons;

(c) the relationship of persons with FMI entities.

(3) Application or other procedures for participating in the FMI sandbox arrangements.

(4) Information to be supplied by persons wishing to participate in the FMI sandbox arrangements for the purposes of assessing eligibility.

(5) Information to be supplied by persons participating in the FMI sandbox arrangements for the purposes of notifying other persons of their participation.

Technology

2 The particular kinds of technology that may be used under the FMI sandbox arrangements for the purposes of assessing their efficiency or effectiveness.

Practices

3

(1) The particular kinds of practices that ma

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