Cooperation between Digital Regulators

Innovation and regulation are sometimes presented as two opposing forces. As CEO of the UK’s Digital Regulation Cooperation Forum (DRCF), in the author’s experience the relationship is more nuanced. The need is not for no regulation, but for effective regulation. In many areas of life, from air travel to medicines, regulation provides certainty and predictability for businesses, and gives people confidence to use products and services in the knowledge that there are robust safety standards in place. Effective regulation works to protect people’s safety, while promoting innovation and economic growth by creating a level playing field in which responsible players can have confidence to compete.

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