On 1 September 2020, a regulatory sandbox for FinTechs was established at the FMA. This new supervisory concept will allow for an intensified cooperation with the FMA and will enable FinTechs to test and develop innovative business models in Austria. FinTechs should look into the opportunities from a participation in the regulatory sandbox. Lorenz Marek and Sofie Schock have taken a closer look how participation in the sandbox programme works (German only).
