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Section 13(4)

FSMA 2023

An FMI sandbox must specify or otherwise provide for— the FMI activities to which the FMI sandbox arrangements relate; the description— of FMI entities eligible to participate in the FMI sandbox arrangements, and of any other persons (including in particular the users of services provided by FMI entities) eligible to so participate; the limited period for which the FMI sandbox arrangements apply.

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Source: legislation.gov.uk · retrieved 2026-09-04