The European Forum for Innovation Facilitators provides a platform for supervisors to meet regularly to share experiences from engagement with firms through innovation facilitators (regulatory sandboxes and innovation hubs), to share technological expertise, and to reach common views on the regulatory treatment of innovative products, services and business models, boosting bilateral and multilateral coordination.
The European Forum for Innovation Facilitators was established further to the January 2019 Joint ESA report on regulatory sandboxes and innovation hubs which identified a need for action to promote greater coordination and cooperation between innovation facilitators to support the scaling up of fintech firms across the single market.
For further information about the European Forum for Innovation Facilitators, see the Terms of reference below.