Welcome to the District of Columbia Financial Services Regulatory Sandbox webpage.
Mayor Muriel Bowser charged the Department of Insurance, Securities and Banking with studying the feasibility of establishing a regulatory sandbox in the District. The District of Columbia Financial Services Regulatory Sandbox Innovation Council, a cross section of professionals from the insurance, securities, captive insurance and banking industries; the technology industry; financial services regulatory professionals; and consumer representatives, was established to assist the Department in this effort. The Council recommended that the District move forward with legislation establishing a financial services regulatory sandbox.
The District is moving forward with legislation to create a financial services regulatory sandbox, and the Department of Insurance, Securities and Banking wants input from innovators and industry experts to assist us in ensuring the District’s sandbox will be capable of accommodating entrepreneurs interested in Fintech, Insurtech and Regtech. This is your opportunity to weigh in on the implementation and administration of the District’s regulatory sandbox.
Please send comments and suggestions to [email protected]. Please provide the following information with your comments: (1) name; (2) business affiliation (if any); (3) address; and (4) telephone number.