Spain: Second call for regulatory sandbox announced

The General Secretariat of the Treasury and International Financing of Spain has recently published on its institutional portal a resolution by which they will proceed to a second call so that companies with potential innovative solutions and that have an advanced degree of maturity to operate immediately, can participate in the call that will be in force from September 01 to October 23 of this year.

In this sense, the General Secretariat of the Treasury and International Financing of Spain has published a guide with the objective that the applicant companies to enter the sandbox regulatory, can meet with technical sufficiency the requirements required for this second call, in order to reduce the deficiencies of the applications observed in the first call process, according to the portal Criptonoticias.

In this line of ideas, the bases of the call indicate that applicants must comply with the aims and objectives established in the regulations for the prevention of money laundering and terrorist financing, as well as the adequate processing of personal data.

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Carlo palomino
Bachelor from the National University of San Marcos (UNMSM). With interest in Digital Law and New Technologies. I endorse the phrase: "Knowledge is useful as it is shared." Contact: carlo.palomino19@gmail.com

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