Additionally on 21 July 2024, a supplementary announcement was made by CySEC, informing interested parties that CySEC has updated its website with video presentations from the launch event, covering the Regulatory Sandbox's context, legal framework, operational details, and an FAQ document providing detailed information on operational, eligibility, and application processes.

This initiative is now open for applications from innovators in FinTech and RegTech sectors in Cyprus. The Regulatory Sandbox allows participants to test their inventive financial and regulatory technology solutions under CySEC's guidance and monitoring in a controlled environment to build a transparent channel of cooperation between various entities and ensures that the regulatory framework evolves in tandem with technology.

For more information, visit CySEC's Regulatory Sandbox section.

CySEC’s official announcements can be accessed here and here.