The first virtual sandbox (so-called sandbox regulators) in the UKNF allows you to simulate many bank operations and test solutions that are based on Open API, consistent with the Polish API standard. The entity that plans to offer an innovative financial payment service may apply to the Innovation Hub Programme. There he will be able to consult his idea and test his functionality in an IT test environment that simulates the basic services provided for in the PSD2 Directive (i.e. PIS, AIS and CAF).
Participation in the tests is an extension of the existing Innovation Hub Programme, in which market participants can consult their innovative solutions with UKNF experts. Both the Innovation Hub Programme and access to the testing environment is free and voluntary.
The virtual sandbox is intended for both supervised entities, entities applying for KNF's permission to operate and start-ups.
How to use a virtual sandbox
Please report to the Innovation Hub Programme through the application form on the Office’s website,
after the consultation phase of the programme, the participant shall be qualified for testing in the virtual sandbox environment,
participant obtains 90- day access to the environment simulating selected financial market operations, which allows for the verification and possible improvement of the developed functionality of the solution,
upon reasoned request, in accordance with the Rules of Procedure for participation in the tests, access to the test environment may be extended by further 30 days.
Participation in a virtual sandbox does not oblige to apply for KNF's business permit. The programme participant shall examine the conclusions obtained during consultations and tests and decide on them whether or not to apply for authorisation.
Support for Polish financial innovation
The launch of the virtual sandbox is intended to support the development of the Polish financial innovation market and is a performance of the tasks identified in the Digital Supervision Agency. It is also the first stage of the development of the UKNF offer, which concerns technological support of FinTech industry in the form of virtual field sandpits.
Representatives of market actors often stress the need to build such solutions, which allow testing of implemented solutions under the supervision of the supervisor.
More about the virtual sandbox on the UKNF website.