What If?

What if financial regulation could be more effective, and less expensive, at the same time? What if complying with regulations could be low-cost and easy? What if the financial system could be much more inclusive, providing many more people with affordable and understandable products? What if violent crimes like terrorism and human trafficking could be choked off by curtailing the money laundering that fuels them?


All these things are now possible, because the same technology that is transforming every facet of our lives is transforming financial regulation too. The financial services industry, and the regulatory framework around it, are being digitized — adopting digitally-native technologies to leverage today’s ubiquitous data and the nearly limitless computing power that makes everything work better, faster, and cheaper.

However, regulators will be challenged to build and adopt digital tools fast enough to keep pace with the exponentially-accelerating technology that is revolutionizing the businesses they oversee. Regulatory systems have been designed, for good reason, to be careful and deliberate. They will need new tools, new skills, and new ways of working, to speed up. If they cannot, the widening lag will bring not only lost opportunities, but also dangerous new risks.

That is why we have launched AIR

The Alliance for Innovative Regulation is a new nonprofit seeking to catalyze and shape a digital “regtech” transformation of financial regulation. We generate thought leadership, connect and educate innovators and regulators, and run a policy accelerator to test and demonstrate new regulatory technologies. We work directly with regulators to support their innovation efforts.

The financial system is the life-blood of the economy. Regulating it well is vital to a thriving society. We invite everyone to join with us in imagining, designing, and building a better system in the months and years ahead.

Our Mission

AIR helps transform financial regulation from an analog-era model to a digitally-native system design. The result will enhance regulators’ ability to assure a financial system, protect consumers from harm, enable financial inclusion, curtail financial crime, and foster continuous innovation.