Finance and Assets

Modernizing Digital Financial Regulation: The Evolving Role of RegLabs in the Regulatory Stack

July 12, 2017  • Schan Duff

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With the support of Omidyar Network, the Aspen Institute’s Financial Security Program (FSP) conducted a comprehensive (and ongoing) analysis of the global RegLab landscape to identify and advance regulatory design lessons relevant to the FinTech policy debate here in the United States. We analyzed the legal and regulatory frameworks of proposed RegLabs around the world, and interviewed dozens of regulators, financial institutions, and innovators. Across countries and continents, we heard a familiar refrain: the urgent need for regulators, innovators, and industry to collaborate on the creation of a new digital financial architecture.

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