---
title: "Consultancy Services and Training in Financial Services on Regulatory Sandbox"
ocid: "ocds-b5fd17-6b160769-1e65-48d8-aea8-48cbe7a40f77"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-6b160769-1e65-48d8-aea8-48cbe7a40f77"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-6b160769-1e65-48d8-aea8-48cbe7a40f77.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-6b160769-1e65-48d8-aea8-48cbe7a40f77.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE"
published: "2021-02-05"
---

# Consultancy Services and Training in Financial Services on Regulatory Sandbox

Buyer: FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE  
Current stage: Award  
OCID: ocds-b5fd17-6b160769-1e65-48d8-aea8-48cbe7a40f77

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-6b160769-1e65-48d8-aea8-48cbe7a40f77)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-6b160769-1e65-48d8-aea8-48cbe7a40f77.json)

## Summary

The Foreign and Commonwealth Office (FCO) is currently engaged in a public procurement process for consultancy services and training in financial services focused on a regulatory sandbox in China. This open tender is intended to enhance financial regulatory supervision for FinTech in China through knowledge exchange between the UK and China. The tender period concluded on 24 July 2020, which leads into a contract period starting from 1 October 2020 and running until 30 September 2021. The total value of the project is £430,000 and falls under financial consultancy services within the broader category of services.

This tender presents valuable opportunities for businesses, particularly those specialised in financial consultancy and training services that have experience in regulatory frameworks. Small and medium enterprises (SMEs) are encouraged to compete, as the procurement process has been designed to support their involvement. Providers with a proven track record in facilitating capacity-building and knowledge exchange, especially within the FinTech sector, would be particularly well-suited to respond to this opportunity and potentially foster growth in their business through collaboration with key stakeholders in both the UK and Chinese markets.

## Notice

The FCDO have awarded a contract to Ernst & Young Transactions Limited. This project is aimed at improving the financial regulatory supervision for FinTech in China. The project is designed to enable the exchange of regulatory sandbox knowledge specifically between the UK and China. Ernst & Young will facilitate high quality knowledge exchange between the UK and China on this topic through training sessions, and discussions resulting in support for more robust implementation of a regulatory sandbox programme in China.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/3997223e-05ba-4750-b97d-050979e4ac48 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (above threshold) |
| Tender suitability | Not specified |
| Awardee scale | Large |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 5 Feb 2021 |
| Submission deadline | 20 Jul 2020 |
| Future notice date | Not specified |
| Award date | 18 Dec 2020 |
| Contract period | 15 Jan 2021 - 25 Oct 2021 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £390,000 |
| Lots value | Not specified |
| Awards value | £39,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | FOREIGN COMMONWEALTH AND DEVELOPMENT OFFICE |
| Additional buyers | FOREIGN & COMMONWEALTH OFFICE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2AH |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | ERNST & YOUNG TRANSACTIONS |

## CPV Codes

### Divisions

- 66 - Financial and insurance services

### Codes

- 66171000 - Financial consultancy services

## Release History

- 5 Feb 2021 at 17:06 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/3997223e-05ba-4750-b97d-050979e4ac48
- 23 Jun 2020 at 18:55 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/416e15fc-a024-4780-b992-ad50cde60eec

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/3997223e-05ba-4750-b97d-050979e4ac48
  5th February 2021 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/416e15fc-a024-4780-b992-ad50cde60eec
  23rd June 2020 - Opportunity notice on Contracts Finder
- https://fco.bravosolution.co.uk
  access to the tender documents

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-6b160769-1e65-48d8-aea8-48cbe7a40f77. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-6b160769-1e65-48d8-aea8-48cbe7a40f77.json.