Regulation · Instrument · United Kingdom · Statutory instrument (secondary legislation) · HM Treasury
The Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023 (SI 2023/1398)
The statutory instrument that set up the Digital Securities Sandbox, letting the Bank of England and FCA modify legislation for firms running digital securities depositories and trading venues. It lapses on 8 January 2029 unless extended.
In force · effective 8 Jan 2024 · part of Digital Securities Sandbox (UK)
Key points
- Made on 14 December 2023 and in force from 8 January 2024.[1]
- The regulations cease to have effect on 8 January 2029.[1]
- HM Treasury may extend the sandbox by legislation if more time is needed to move to a permanent regime.[2]
Timeline
- 14 Dec 2023 · FinalMade.[1]
- 8 Jan 2024 · In forceCame into force.[1]
- 8 Jan 2029 · Expired · upcomingRegulations cease to have effect unless extended.[1]
Deployments operating under it
None recorded with a source yet.
Sources
- [1]The Financial Services and Markets Act 2023 (Digital Securities Sandbox) Regulations 2023 (SI 2023/1398) — legislation.gov.uk (The National Archives), 14 Dec 2023. Accessed 12 Oct 2026.A
- [2]Digital Securities Sandbox — Bank of England. Accessed 12 Oct 2026.A