Fineqia Accepted into the U.K. Financial Regulator's Sandbox Program - Seite 2

Christopher Woolard, executive director of Strategy and Competition at the FCA, said:

"I am pleased to say that this is the largest sandbox cohort to date with a record number of applicants meeting our eligibility criteria. Cohort 4 has seen a large increase in the number of firms testing wholesale propositions including firms that are aiming to increase the efficiency of the capital-raising process. Alongside these we can see significant use of distributed ledger technology (DLT), some experimentation with cryptoassets which will help inform our policy work and propositions aimed at helping lower income consumers."

The FCA received 69 applications to Cohort 4 of the regulatory sandbox, an increase on the number of applications to Cohort 3. Twenty-nine firms will proceed to test.

The regulator's announcement about its Cohort 4 and Fineqia's participation in it can be viewed at https://www.fca.org.uk/news/press-releases/fca-reveals-fourth-round-successful-firms-its-regulatory-sandbox.

About Fineqia International 

Fineqia International is a listed entity in the Canada (CSE: FNQ), US (OTC: FNQQF) and Europe (Frankfurt: FNQA). Fineqia International outlines the Company's corporate governance, culture, processes and relations by which the Company and its subsidiaries are controlled, directed and governed. Fineqia International oversees and ensures the overall success, planning and growth of the Company and all of its subsidiaries. It recently announced the incorporation of blockchain technologies to achieve these objectives. For more information visit: https://investors.fineqia.com/news

About Fineqia Limited 

Fineqia provides a platform and associated services to support security issuances and manage administration of equity and debt securities. It acts as a broker bringing an issuing company's securities to market, distributing and marketing them as well as transparently highlighting the risks and objectively outlining opportunities involved. For more information visit http://www.fineqia.com

About the FCA 

The Financial Conduct Authority is the conduct regulator for 58,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms. https://www.fca.org.uk/ 

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