Business Standard

Monday, December 23, 2024 | 01:12 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

2019 might see the beginning of a new era of regulatory technology

Assessing anti-competition practices, tracking online consumer rights and predatory behaviour can't be done without smart tech

Image
Premium

Pranjal Sharma
Even in normal times the life of regulators is not easy. The 2008 financial crash is a good example of how clever new financial instruments escaped scrutiny of regulators and led to a global crash. More than a decade later, the life of regulators have become even more complex. The rising use of technology in pretty much every sector means that sectoral regulators need to be up to speed. Not just the financial markets regulators, industry, anti-trust regulators and utilities are now leaning on technology to improve their understanding of a fast-changing world. 

A study by Research and Markets estimates
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in