Shared solutions to the shared challenges of regulation
Regulatory change impacts every organisation. While some challenges are unique, many are shared across industries and borders. These shared challenges are rarely solved in isolation, but they can be tackled collectively. That’s where Co-Labs Global comes in.
A new innovation ecosystem
ABOUT CO-LABS
Co-Labs brings business leaders from competing organisations together – along with regulators, academics, and innovators – in a radically collaborative process of events and hackathons, to create shared solutions to the shared challenges of regulation. By combining diverse perspectives, data, and expertise we accelerate fresh thinking and create solutions that make regulation work better for businesses, markets, and the wider world.
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Shared solutions to shared challenges means innovating products, services, partnerships and standards that can solve real-life business problems and unlock growth. Our cross-sector and cross-border collaboration approach is more impactful than established consultancy and innovation models and our ambition is to make sure Co-Labs generates as much value as possible. This starts with our ecosystem partners who get first mover advantage and revenue share opportunities on all the solutions we create together.
WHY?
When regulation works well, the world works better
Good regulation is one of the most powerful levers for creating fair, sustainable, and competitive markets that underpin innovation and growth while protecting our shared future. But rapid technological and societal change makes it harder for regulation to deliver on this promise. Co-Labs Global tackles this challenge. Our trust-based, iterative process enables collaboration on the toughest regulatory and risk issues, creating pragmatic, adoptable solutions that drive value for our ecosystem partners while unlocking the positive power of regulation.
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We focus on six interlocking global challenges:
AI Practices
Sustainability
Economic Crime
Regulatory Reporting
Operational Resilience
Digital Assets & Crypto
By tackling these challenges together, we help regulation work better for businesses, markets, and the world. Because we believe when regulation works well, the world works better
MEET OUR COMMUNITY
Co-Labs is powered by a unique ecosystem of experts, practitioners and innovators, regulators, academics and business leaders.
OUR FOUNDERS
Sarah Sinclair
Founder and CEO
Sarah is the founder of Co Labs Global, bringing over 30 years of experience navigating complex change across financial services and beyond. Drawing on her technology expertise and deep understanding of risk and regulatory compliance, she created Co-Labs to tackle the toughest shared challenges in regulation. Sarah’s approach combines commercial acumen with a talent for connecting diverse stakeholders, enabling pragmatic, adoptable solutions that make regulation work better for businesses, markets, and the world.
Rob Atkins
COO
Rob is the co-founder of Co-Labs, bringing over 30 years of Tier 1 banking experience and a unique blend of delivery and risk expertise across credit, operational, and regulatory areas. He supports Co-Labs to co-create solutions to the most complex regulatory challenges, applying his proven ability to lead multi disciplinary programmes and simplify complexity. Rob’s patient, trusted approach ensures that clients and partners achieve meaningful, lasting outcomes while unlocking the positive potential of regulation.
OUR ECOSYSTEM PARTNERS
Co-Labs London Launch event 3rd July 2024. Adriana describes how far the industry has come, whilst recognising the need for more collaboration, to solve problems.
Adriana Ennab, ex Credit Suisse, with other key speakers, share their views and calls to action re collaboration
Julia Streets talks about the key highlights of the launch event, and what is truly different about the Co-Labs approach.
Julia Streets, Founder and CEO, Streets Consulting, was our brilliant MC for this launch event
A key member of our ecosystem, Matt Paver, describes how businesses can benefit hugely by sharing knowledge, in what is a mutual responsibility to decarbonise.
Matt Paver, Carbon Responsible, with other key speakers, share their views and calls to action re collaboration
TESTIMONIALS
“The Bank believes in the need to transform how regulatory reporting works.
As we set out in our Transformation Plan, we know that collaborative initiatives will be crucial to deliver that transformation: both those run by the Bank and FCA, such as our joint transformation programme, and private sector initiatives with similar goals like Co-Labs.”
Angus Moir,
Bank of England
“Change Gap, in creating Co-Labs, is taking affirmative action to bring interested parties together and unlock the potential of technology to improve the whole ecosystem.
Co-Labs will drive the definition and adoption of much needed standards and best practice strong platform for growth is created and appropriate areas of competition are enhanced to the benefit of all parties within the system. Financial crime prevention in particular can be vastly improved by better collaborative efforts.”
Jane Jee, Project Financial Crime,
Payments Association
“Co-creation of value and ultimately trust is key for the future collaborative regulatory ecosystem given the unprecedented growth in both the volume and complexity of regulations.
I see Co-Labs by Change Gap as a great initiative augmenting the collaboration efforts by standards bodies. Innovative collaboration among all stakeholders is needed to bridge the existing and future gaps in the RegTech and SupTech environment and unlock new levels of trust for a digital economy. We are looking forward to working with ChangeGap in the Co-Labs to create a more automated and efficient regulatory ecosystem.”
Michal Piechocki, Chairman + CEO Business Reporting - Advisory Group