# Financial Services and Markets Act 2023, Paragraph 3: Practices

Extent: E+W+S+N.I.

(1) The particular kinds of practices that may be adopted under the FMI sandbox arrangements for the purposes of assessing their efficiency or effectiveness.
(2) The practices referred to in sub-paragraph (1) include practices adopted in the issuance, trading or settlement of financial instruments in a way not otherwise possible or practicable as a result of requirements imposed by relevant enactments.

---
Source: https://www.legislation.gov.uk/ukpga/2023/29/schedule/4/paragraph/3 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2023/schedule-4/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.