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2026 Report
Three years on: collaborative innovation in financial regulation
Three years ago, there was no blueprint for the Financial Regulation Innovation Lab (FRIL). There was only a belief that large‑scale, collaborative innovation on something as complex and sensitive as financial regulation could work. Today, with a projected six‑to‑one return on investment, we’ve shown that it can.
Innovation
Innovation Calls
Innovation Calls
As part of its programme, FRIL has launched a series of industry-led calls. These bring together financial institutions and innovators from across the fintech community and beyond to develop new solutions to key financial regulatory challenges.
- AI and compliance – Utilising emerging technologies to simplify compliance process and monitoring.
- Consumer Duty – Supporting consumer duty obligations and enhancing financial inclusion outcomes.
- Financial Crime - Addressing future challenges of financial crime.
- ESG - Meeting new regulatory requirements, leveraging new data and new technologies.
- AGBR – Finding new ways to support consumers in making informed financial decisions, delivering more accessible and tailored wealth support, while staying within evolving regulatory expectations.
Latest Financial regulation Case studies
Financial Regulation Innovation Lab (FRIL) Responsible Innovation Case Study: Ask Silver
Financial Regulation Innovation Lab (FRIL) Responsible Innovation Case Study: Inicio AI
Financial Regulation Innovation Lab (FRIL) Responsible Innovation Case Study: CienDos
Research
Actionable Research
Actionable Research
FRIL integrates academic research with an industry relevant agenda, focused on enabling knowledge on cutting-edge topics such as generative and explainable AI, advanced analytics, advanced computing, and earth-intelligent data as applied to financial regulation. The approach fosters cross sector learning to produce a series of papers, actionable recommendations and strategic plans that can be tested in the innovation environment, in collaboration across industry and regulators.
Actionable research is realised through:
- Clearly framing complex problems
- Identifying new perspectives and discovering new insights
- Creating a framework for solutions and highlighting potential industry applications
- Utilising testing environments that enable further collaboration and understanding
Latest Financial regulation White papers
Risk Taxonomy as Governance Infrastructure: Adaptation, Traceability and Industry-led Use Cases for Fintech Innovation
Building Pre-Commercial Challenge Spaces: Innovation Calls, Regulatory Adaptation and Productivity Pathways in Financial Services
AI Governance after MiFID II: Beyond (Mere) Technological Neutrality?
Skills
Skills Development
Skills Development
The lab designs and implement an industry relevant skills and education programme tailored to needs of professionals in regulatory risk and compliance. It focusses on emerging technologies and how these technologies are applied in financial services.
The programme provides:
- Inspiring and challenging courses aimed at bridging the skill gaps
- Access to high-quality resources and guest lectures from across the industry.
FRIL Skills Academy
A new platform to address skills gaps and support career development across financial and professional services and the fintech ecosystem.
Knowledge
Knowledge exchange
Knowledge exchange
FRIL facilitates collaboration and knowledge exchange around the topic of innovation in financial regulation through a series of industry engagement actions, including:
- Insightful communications on innovation impacting regulation
- Workshops and discussion forums bringing together diverse participants embracing regulation innovation
- Roundtables to develop specific financial regulation innovation themes
- Innovation demonstration events, exploring potential partnerships for specific innovations
- International engagement activities to learn from global innovation developments
Upcoming Financial regulation events
The 2nd International Online Conference on Risk and Financial Management
Fintech Meetup Europe
Financial Services Technology Summit 2026
Financial regulation fintechs
Latest Financial regulation News
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