Today’s global regulatory environment is in constant flux. As digitalization continues to spread through more and more industries, regulations – especially in areas like data privacy and Know-Your-Customer (KYC) policies – will have to evolve to keep up. Yet, regulations always play a catch-up game, constantly half a step behind industry innovations. The implication: what is okay for a company to do today may become verboten tomorrow.
Thus, beyond merely adhering to current regulations, companies must also try to anticipate the future regulatory environment and take steps to ensure they are protected above what is presently mandated. |
