Regulators have identified and endorsed every year the GSR Regulatory Best Practices Guidelines, addressing speciffic issues related to the acievement of digitial transformation.
"The rich potential of the transformative digital economy is within our reach. The digital world offers a host of opportunities in various sectors such as agriculture, health, education, financial services, artificial intelligence and public governance. Digital services can enable economic growth and social development across the board. Regulation has a pivotal role to play to help today’s fast-evolving markets thrive while shaping future markets for digital services that are innovative, balanced and inclusive. More inclusive, incentive-based and collaboration-driven regulation will not only benefit consumers and businesses, but will help fast-track a digital future for the billions who remain unconnected." GSR17
During the GSR, Regulators recognized that there is no single, comprehensive blueprint for best practice, but agree that country experiences can be enlightening and guide us towards regulatory excellence. In the increasingly complex and dynamic digital ecosystem, it is important to agree on common principles and put forward clear and simple rules.
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