The Guernsey Financial Services Commission has launched the Innovation Sandbox + Concierge, creating a structured environment for firms to test and launch innovative financial products and services with dedicated regulatory support. The initiative sits within the Commission’s Digital Finance Initiative announced in September 2025 and is intended to facilitate earlier engagement on novel business models, including blockchain, tokenisation and AI-driven finance. Firms admitted to the Sandbox can operate under tailored licence conditions, including limits on scope such as capped transaction volumes or restricted client bases, fixed durations of 12 to 24 months, and disclosure expectations covering risks, incidents and outcomes. Consumer protection measures may include disclaimers and opt-in participation. Each applicant is assigned a named contact and follows a bespoke pathway that begins with a Concierge Connect Form and may progress to an online application via the Commission’s new Applications and Authorisations Portal, with ongoing dialogue during the Sandbox period. Guernsey Finance is supporting the concierge element by helping firms connect across Guernsey’s financial services sector.

Original source View in tracker