FINANCIAL REGULATION INNOVATION LAB

Leveraging new technologies to respond and evolve the UK regulatory landscape. This is the focus of FRIL, an industry-led collaborative research and innovation programme, led by FinTech Scotland with our support, creating business opportunities, and enabling future talent.

INNOVATION CALLS SET BY THE FINANCIAL INDUSTRY- BE READY TO GET INVOLVED FOR THE NEXT CALL:

OPTIMISING AND FUTURE PROOFING RESILIENCE TO ADVANCE NEXT GEN FINANCIAL SERVICES

Operational resilience has become a central regulatory focus in the UK and across Europe in recent years, reflecting a shift from traditional risk management towards ensuring regulated firms can withstand, respond to and recover from disruptions while continuing to deliver critical services to customers.   

With Digital Operational Resilience Act (DORA) coming into force in January 2025 and the UK Operational Resilience Framework fully in effect from March 2025 there are regulatory requirements to build holistic and forward-looking resilience frameworks, include third party oversight and risk assessments, and increase Tech and Cyber control and oversight particularly relating to digital infrastructure.  .

FRIL innovation calls are a unique opportunities for innovating firms to collaborate with some of the largest financial institutions in the UK as well as top researchers from leading universities.

INNOVATION CHALLENGE DATES 

We'll be inviting applications from 23 June. If you want to be alerted when applications open please give us your contact details. 

WHY SHOULD TECH INNOVATORS PARTICIPATE? 

  • Engage with some of the leading financial services firms in the UK. 

  • Deepen your understanding of the complex financial regulation environment from an industry perspective. 

  • Raise awareness of your business within the broader FinTech ecosystem. 

  • Connect with like-minded tech innovators in the challenge. 

  • Access information and insights from our industry partners.

PREVIOUS INDUSTRY PROGRAMME PARTICIPANTS

FINANCIAL REGULATION INNOVATION LAB

Please register your interest below.

THANK YOU

FEEDBACK FROM PARTICIPANTS

  • "Joining the FRIL programme and being part of a FinTech ecosystem focused on delivering against Consumer Duty regulation was a pivotal moment for us, as we could explore collaborations with various financial services providers and also with other innovative FinTechs who were very open to engage."

    Rachel Curtis, CEO and Co-Founcer Inicio

PROGRAMME DETAILS 

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. SuperTech is supporting this mission in bringing West Midlands stakeholders and capabilities to contribute and benefit from this unique proposition through the open innovation calls.   

Previous Innovation Calls have focused on Consumer Duty and Financial Crime.

FRIL PROGRAMME PARTNERS

Founded by FinTech Scotland in partnership with University of Glasgow and University of Strathclyde, SuperTech is collaborating to help expand the reach and impact across the UK.