Brazil Securities Commission (CVM), in partnership with the National Federation of Associations of Central Bank Employees (Fenasbac), has launched LEAP, a Laboratory for Experimentation, Learning and Prototyping designed to develop technology-based solutions to challenges in Brazil’s capital markets. The programme is hosted within the Financial Innovation Laboratory (LAB) and is positioned as a free environment for experimentation and prototyping. LEAP sits within NEXUS, a new open-innovation ecosystem coordinated by CVM and Fenasbac, and is open to startups, universities, fintechs, researchers and market participants. CVM officials indicated that the first cycle will incorporate a sustainability dimension, linking technological solutions with the regulator’s sustainable finance agenda, and framed the initiative as a channel for testing innovation in a controlled way with regulatory monitoring. Applications to participate are open until 29 June.