Market-driven transformation

A collaborative approach to industry challenges and opportunities

Regulatory Genome Project is launching a series of Special Interest Groups (SIGs), organised along industry verticals or themes, to provide a forum for collaboration around common industry challenges that can be addressed with the help of the Cambridge Regulatory Genome Information Structure . This is not another ‘talking shop’. RegGenome SIGs are focused on generating actionable insight for leaders in areas of rapid regulatory change, giving participants the information they need to help avoid becoming regulatory outliers.

The impact of RegGenome SIGs is far wider. By participating, Members are directly contributing to the objectives of the Regulatory Genome Project, including mitigating risk at a systemic level, catalysing innovation, and increasing financial inclusion.

To find out more about how your organisation could benefit from joining a RegGenome SIG, please contact us.

How Special Interest Groups work

The University of Cambridge Regulatory Genome Framework is jurisdiction agnostic and interoperable by design. This means that for the first time there is a ‘common language’ that can be used to compare cross-border regulatory obligations across an international footprint on a consistent basis. 

When combined with RegGenome, machine sequenced regulatory content, gives developers and regulated firms a powerful toolkit to help build applications that can improve efficiency and mitigate risk within an organisation.

The operational benefits are clear.  However, there are also strategic benefits that can be gained by collaborating with peers via a RegGenome SIG. By carrying out granular deep-dives, RegGenome SIGs can help to benchmark how rules are being interpreted across Members in areas of rapid regulatory change, using the Cambridge Regulatory Genome Framework as a common basis of comparison.

Doing so, gives invaluable insight into an organisation’s risk of becoming a “regulatory outlier” – allowing leaders to assess and mitigate regulatory risk when launching new products and services.

Delivering these benefits is only possible through collaboration.  That means that RegGenome SIGs operate with a strict ‘no free-riders’ policy, with membership capped at 10 organisations and all comments made in group meetings unattributable.

Contribution to the wider Public Good

By joining a RegGenome SIG, organisations are also contributing to the Public Good objectives of the Regulatory Genome. The granular feedback gained from participants can be anonymised, aggregated, and fed back to Regulators, giving them valuable insight into how their rules are interpreted by regulated firms.  This intermediated feedback benefits both regulators and the regulated, without any appearance of preferential treatment or lobbying.

When joining and participating in a SIG, a portion of the Membership fee is allocated towards Sponsorship of the Regulatory Genome, directly contributing to its growth and development.  Participants in RegGenome SIGs therefore also receive the benefits available to Sponsors of the Regulatory Genome, including events, training, and publicised involvement with the University.

To find out more about how your organisation could benefit from joining a RegGenome SIG, please contact us.