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Guidance on the operation of the Digital Securities Sandbox
This document is for firms intending to operate, or who are currently operating, in the DSS. It is a live document setting out regulators’ approach and the requirements on participants. While this document contains detailed guidance for firms, any instructions from supervisors should be taken as superseding this document.
This document may be periodically updated based on feedback received from firms operating in the DSS. The regulators will note significant changes to the document and the dates when those updates are made on this page.
Changes made to the guidance will be permanent, unless specifically communicated otherwise. Any firm-specific temporary modifications will be made via the firm’s Sandbox Approval Notice (SAN).
This document may be periodically updated based on feedback received from firms operating in the DSS. The regulators will note significant changes to the document and the dates when those updates are made on this page.
Changes made to the guidance will be permanent, unless specifically communicated otherwise. Any firm-specific temporary modifications will be made via the firm’s Sandbox Approval Notice (SAN).
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