The changing nature of ‘Regulation by Information’: Towards real‐time regulation?
Herwig C.H. Hofmann,
Dirk A. Zetzsche,
Felix Pflücke
Abstract:The concept of ‘Regulation by Information’ is changing. Past such approaches consisted mainly of signalling regulatory intent and indirectly guiding how and when regulatory discretion should be exercised. We suggest that this conceptual understanding must be reviewed in view of developing regulatory technologies (RegTech) allowing for a far more proactive integration of data flows into regulatory processes. RegTech is thereby changing conditions of Regulation by Information.This article uses financial regulati… Show more
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