Financial Regulation Innovation Lab
Shaping the future of financial regulation
In Partnership with.
The Financial Regulation Innovation Lab (FRIL) is an industry-led collaborative research and innovation programme focused on leveraging new technologies to respond to, shape, and help evolve the future regulatory landscape in the UK and globally, helping to create new employment and business opportunities, and enabling the future talent.
FRIL provides an environment for participants to engage and collaborate on the dynamic demands of financial regulation, explore, test and experiment with new technologies, build confidence in solutions and demonstrate their ability to meet regulatory standards worldwide.
Innovation Challenge Calls
AI and compliance
Utilising emerging technologies to simplify compliance process and monitoring.
Supporting consumer duty obligations and enhancing financial inclusion outcomes.
Addressing future challenges of financial crime.
Meeting new regulatory requirements, leveraging new data and new technologies.
Applied Actionable Research
Applied 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
The programme will provide:
Inspiring and challenging courses aimed at bridging the skill gaps
Access to high-quality resources and guest lectures from across the industry.
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
Participating In The FRIL Programme
A significant number of Industry partners are already actively engaged in taking forward the programme of actions. FRIL is a collaborative initiative and there are various ways additional participants can get involved, including:
- Steering the innovation and research agenda, as part of the industry steering group
- Shape innovation calls that help define a business need
- Collaborating or co-authoring the whitepapers as part of the research agenda
- Shaping the skills plan and support delivery through guest lecturing events
- Participating in events, podcasts, forums and discussions
- Embracing collaboration and creating a vibrant financial regulation community
Interested in getting involved?
Contact us at FRIL@fintechscotland.com