To print this article, all you need is to be registered or login on Mondaq.com. In August 2020, the Financial Services (Regulatory Sandbox) Regulations 2020 (the "Regulations") came into force in the British Virgin Islands (the "BVI") to launch a regulatory sandbox (the "Regulatory Sandbox") designed to support and facilitate innovation in the financial technology sector and allow businesses to trial new products and services which amount to "Innovative FinTech", for a limited period, under the supervision of the BVI Financial Services Commission (the "FSC"), without the need to apply for a licence to conduct financial services business in the BVI.