The FCA has announced that businesses can now apply to be in the first cohort of users of the regulatory sandbox and has dedicated a new sandbox webpage. The webpage sets out how the sandbox will apply to: (i) unauthorised businesses; (ii) authorised businesses; and (iii) technology businesses supporting financial services. The deadline for applicants for the first cohort is 8 July 2016. The FCA will contact all applicants by mid-August 2016 to inform them whether they have been accepted into the sandbox programme and aims to publish findings from the sandbox testing, subject to confidentiality considerations, relating to any lessons learned. The FCA intends to run a second cohort, with applications accepted from November 2016 to mid-January 2017.