Application Form

Contact First Name*

Contact Last Name*

Contact Email*

Contact Phone*

Company Name*

Company Registration Number*

Address of Registered Head Office*

Country of Registration*

Company Website*

Company Sector*

Company Overview

Are you, your business or associated entities licensed by the ECSRC or the Eastern Caribbean Central Bank?

Is the business or associated entities licensed and regulated by a foreign regulator in any other jurisdictions?

Are you planning to work with other companies to undertake this test?

Are you participating, or have you participated, in a Regulatory Sandbox?

Provide a short summary of the proposition you wish to test in the Regulatory Sandbox.

Provide a general description of the strategic direction, general objectives, target market and roadmap once testing is completed.

Criteria 1 - Explain how your proposition is innovative or uses an emerging technology.

Criteria 2 - Explain how your proposition supports financial inclusion.

Criteria 3 – Explain how your proposition requires a genuine need for the Regulatory Sandbox testing.

Criteria 4 – Explain how your proposition provides consumer benefit and/or market benefit. This could be a benefit direct to consumers, businesses, or markets in general.

Criteria 5 – Explain how the proposition (product, service or solution) is ready for testing, e.g. stage of development, resourcing etc.

Describe the business activity that you are proposing to test in the Sandbox.

Describe the objectives of your proposed test and how you will measure if your test has been successful.

Describe the timeline and key milestones of your proposed test.

Describe the potential risks associated with the proposed business activity (to both consumers and the company) and the risk mitigation steps that may be necessary.

Describe the key risks of your proposed test (to both consumers and your business) and how those risks will be mitigated.

Detail the exit strategy/plan.

Describe the next steps if the test is successful.

submit