The regulator’s new toolkit

Digital-age business models often use a combination of technology and business tools to create wholly new ways of delivering products and services.

In this article, we discuss three areas in which regulators can use the same tools and technologies to achieve significant gains:

•      Increasing internal efficiency

•      Improving regulatory effectiveness and outcomes

•      Reducing the business compliance burden

As technology continues to advance, regulators will face growing challenges in developing and enforcing rules aimed at protecting citizens and ensuring fair markets. By using business and technology tools, they can transform their work processes and encourage innovation.