Innovation facilitators in the EU

​Country
Facilitator Type​*
Link to Innovation Facilitator​
Name & link to website
​Banking
​Insurance
Securities/ Markets
​AustriaSandbox​Kontaktstelle FinTech & Sandbox / FMA-SandboxFINANZMARKTAUFSICHTSBEHÖRDE (FMA) X​​X​​​X​
Austria​Innovation HubKontaktstelle FinTechFINANZMARKTAUFSICHTSBEHÖRDE  (FMA) X​X​X​
Belgium​
Innovation HubFintech Contact PointFinancial Services and Markets Authority (FSMA) X​X​X​
Belgium​Innovation HubFintech Contact Point NATIONAL BANK OF BELGIUM (NBB) X​X​X​
Bulgaria​Innovation HubInnovation HubFinancial Supervision Commission (FSC)X​X​
Croatia​Innovation HubInnovation HubCroatian National Bank​X
Croatia​Innovation HubInnovation HubCroatian Financial Services Supervisory Aagency​​​X​X​
Cyprus​Innovation HubInnovation Hub

Cyprus Securities and Exchange Commission

​X
​Czech RepublicContact Point​FinTech contact point/kontaktní místo pro FinTechCzech National Bank/Česká národní banka​XX​X​
Denmark​Sandbox​FT LabFINANSTILSYNETX​X​X​
DenmarkInnovation HubFintech-teamFINANSTILSYNETX​X​X​

Estonia

Innovation Hub

FinTech working groupFINANCIAL SUPERVISION AUTHORITY (FI) X​X​X​

Finland

Innovation Hub

FIN-FSA Innovation Helpdesk

FIN-FSA 

X​

X​

X​

France

Innovation Hub

AUTORITÉ DE CONTRÔLE PRUDENTIEL ET DE RESOLUTION (ACPR) 

X​

X​

X​

France 

Innovation Hub

Division Fintech Innovation Compétitivité

AUTORITE DES MARCHES FINANCIERS (AMF)

X​

Germany

Innovation Hub

Unternehmensgründer und Fintechs

 


Kontaktformular für Unternehmensgründer und Fintechs


Company start-ups and fintech companies

Contact form for start-ups and fintechs 

BUNDESANSTALT FÜR FINANZDIENSTLEISTUNGSAUFSICHT (BaFin)  

X​

X​

X​

Greece

Innovation Hub

BoG FinTech Innovation Hub

BANK OF GREECE

X​

X​

​GreeceSandbox​BoG Regulatory SandboxBANK OF GREECE X​X​

Greece

Innovation Hub

HCMC Innovation Hub

Hellenic Capital Market Commission



X​

Hungary

Innovation Hub

MNB Innovation Hub 

CENTRAL BANK OF HUNGARY (MAGYAR NEMZETI BANK - MNB)

X​

X​

X
​HungarySandbox​MNB Financial Innovation Testing Environment CENTRAL BANK OF HUNGARY (MAGYAR NEMZETI BANK - MNB) ​XX​​X

Iceland

Innovation Hub

Þjónustuborð vegna fjármálatækni (e. FinTech)

FINANCIAL SUPERVISORY AUTHORITY (Fjármálaeftirlitið - FME)

X​

X​

X​

Ireland

Innovation Hub

Central Bank of Ireland (CBI)

Innovation Hub

CENTRAL BANK OF IRELAND (CBI)

X​

X​

X​

Italy

Innovation Hub

Canale FinTech

BANCA D’ITALIA

X​

Italy

Innovation Hub

IVASS Working group on Insurtech 

ISTITUTO di VIGILANZA SULLE  ASSICURAZIONI (IVASS)

X​

Latvia

Innovation Hub

Innovation Hub and Sandbox

FINANCIAL AND CAPITAL MARKET COMMISSION

X​

X​

X​

Latvia ​SandboxInnovation Hub and SandboxFINANCIAL AND CAPITAL MARKET COMMISSION X​X​X​

Liechtenstein

Innovation Hub

Regulatory Laboratory / Financial Innovation

FINANCIAL MARKET AUTHORITY (FMA)

X​

X​

X​

Lithuania

Sandbox

Regulatory sandbox Lithuania 

BANK OF LITHUANIA

X​

X​

X​

Lithuania

Innovation Hub

Innovation Committee

BANK OF LITHUANIA

X​

X​

X​

Luxembourg

Innovation Hub

Financial Innovation - CSSF

COMMISSION DE SURVEILLANCE DU SECTEUR FINANCIER

X​

X​

​MaltaSandbox​​MFSA FinTech Regulatory SandboxMalta Financial Services AuthorityX​X​X​

Netherlands

Sandbox

Sandbox

DE NEDERLANDSCHE BANK (DNB)

 

AUTHORITY FOR FINANCIAL MARKETS (AFM)

X​

X​

X​

Netherlands

Innovation Hub

InnovationHub 

DE NEDERLANDSCHE BANK (DNB)

 

AUTHORITY FOR FINANCIAL MARKETS (AFM)

X​

X​

X​

Norway

Innovation Hub

Finansiell teknologi (FinTech) 

FINANSTILSYNET 

X​

X​

X​

​​Norway
Sandbox​Finanstilsynets regulatoriske sandkasseFINANSTILSYNET​​X​
X​X​

Poland

Sandbox

KNF Regulatory Sandbox 

POLISH FINANCIAL SUPERVISION AUTHORITY (KOMISJA NADZORU FINANSOWEGO - KNF) 

X​

X​

X​

Poland

Innovation Hub

KNF Innovation Hub Programme 

POLISH FINANCIAL SUPERVISION AUTHORITY (KOMISJA NADZORU FINANSOWEGO - KNF) 

X​

X​

X​

Portugal

Innovation Hub

Portugal Finlab 

BANCO DE PORTUGAL COMISSAO DO MERCADO DE VALORES MOBILIARIOS AUTORIDADE DE SUPERVISAO DE SEGUROS E DE FUNDOS DE PENSOES

X​

X​

X​

Portugal

Innovation Hub

FinTech+

BANCO DE PORTUGAL

X​


Romania

Innovation Hub

FinTech Hub

(includes a dedicated section related to insurance - (InsurTech))


ASF

X​

X​

Slovakia

Innovation Hub

Innovation Hub

NATIONAL BANK OF SLOVAKIA

X​

X​

X​

​SloveniaInnovation Hub​Banka Slovenije Fintech Innovation HubBANKA SLOVENIJE​X

Spain

Innovation Hub

FINTECH PORTAL / INNOVATION PORTAL

CNMV

X​

​Spain​SandboxEntry Point Sandbox Tesoro Público

BANCO DE ESPANA

CNMV

DGSFP

X​X​​X

Sweden

Innovation Hub

Finansinspektionen's Innovation Center 

FINANSINSPEKTIONEN (FINANCIAL SUPERVISORY AUTHORITY - FI)

X​

X​

X​

* Two main categories of innovation facilitator can be identified:
1) Innovation hubs: these provide a dedicated point of contact for firms to raise enquiries with competent authorities on FinTech-related issues and to seek non-binding guidance on the conformity of innovative financial products, financial services or business models with licensing or registration requirements and regulatory and supervisory expectations.
2) Regulatory sandboxes: these provide a scheme to enable firms to test, pursuant to a specific testing plan agreed and monitored by a dedicated function of the competent authority, innovative financial products, financial services or business models. Sandboxes may also imply the use of legally provided discretions by the relevant supervisor (with use depending on the relevant applicable EU and national law)4 but sandboxes do not entail the disapplication of regulatory requirements that must be applied as a result of EU law.