What Regulators Can Learn from Australia’s Ride-Sharing And Compliance Debate

bigstock-Young-Handsome-Businessman-Sit-102834515.jpg

With business moving faster than ever in our digital age, disruptive companies and industries are offering consumers new and exciting options that have never been available before. At the same time, they are causing headaches for governments and regulatory bodies since legislation and regulations can’t seem to keep up with the speed of the changes. With regulations uncertain, compliance becomes a nebulous situation.

The Future Of Compliance In The World Of Disruption

Drone

The key buzzword for business over the last decade has, without question, been “disruption”. A disruptive company, product, or service is one that brings an entirely new angle and vision to an existing industry, and when they do they make waves amongst both the current industry players and the governments that regulate them and their industry.

In this article we examine how new and disruptive industries and services are challenging regulation and compliance bodies.