Meanwhile, the Regulatory Sandbox will enable the Bank of Greece to deepen its knowledge of financial innovation and, where appropriate, fine-tune its regulatory and supervisory approach accordingly. This major project would not have been feasible without funding from the European Union, support from the European Commission and the EBRD, as well as the technical support received from Ernst & Young.
We owe you a big ‘thank you’ for supporting our vision, and it was a great pleasure to have you with us today. Again, I wish to thank the Bank of Greece staff for their hard work in achieving today’s milestone and for the support that they will continue to provide now that the Regulatory Sandbox has become operational.