Regulatory sandbox
A supervised programme where firms test new financial products with real customers under agreed safeguards.
A regulatory sandbox is a programme run by a regulator in which firms can test innovative products, services or business models in the market with real consumers, under agreed safeguards and close supervision. The FCA in the UK and the Monetary Authority of Singapore, among others, run sandboxes, and the EU AI Act requires Member States to set up AI regulatory sandboxes. For agent products, a sandbox is a way to test mandates, limits and oversight with a regulator before scaling.
Agent Minute explains this term on 4 February 2027.
Related terms
Open bankingCustomers letting authorised third parties access their payment account data and initiate payments through secure APIs.EU AI ActThe EU regulation that sets risk-based rules for AI systems and general-purpose AI models placed on the EU market.Human oversightMeasures that let people understand, monitor and, when needed, override or stop a high-risk AI system.Evidence packA bundle of records that reconstructs one agent action: identity, mandate, authentication, inputs, calls, outputs and approvals.