GFIN promotes international cooperation between authorities and innovative market players and operates a global Regulatory Sandbox. Within this regulated framework, the participating companies can test their novel, innovative products and services in several countries at the same time. In addition to the opportunity for establishing international cooperation and sharing information, the participation of the MNB provides an attractive opportunity for Hungarian innovators to test their innovations globally and companies with world-class innovations abroad to appear on the Hungarian market.
EFIF is the common platform for European national supervisory authorities to share information and experience on the design and operation of Innovation Hub and Regulatory Sandbox frameworks. In addition, members of EFIF regularly consult on the arising regulatory and supervisory issues related to innovative products, services and business models.