As regulators of digital services, the DRCF members are working together to support responsible AI regulation in a way that both promotes benefits and mitigates the risks to people and competition.
The DRCF’s joint horizon scanning and emerging technology work brings together the four member regulators to combine their expertise to analyse the cross-regulatory implications of specific emerging technologies. This innovative work enables the DRCF to share knowledge, identify future challenges and develop potential solutions together and ahead of time.
Through the Skills and Capabilities project, DRCF member regulators are working together to consider how best to attract the talent they need for digital regulation and to identify and develop plans for how to build the skills required to deliver on their regulatory remits.
The DRCF launched the International Network for Digital Regulation Cooperation (INDRC) in June 2023 to build relationships with regulators from around the globe seeking to increase domestic cooperation in their jurisdictions.
Through its Enabling Innovation workstream, the DRCF aimed to make it easier for firms who need to comply across our respective regimes to do business. Innovation is an important part of thriving, competitive markets. It enables new and improved products and services, increases consumer choice, and develops systems that drive down prices and improve service quality. Innovation also helps to drive productivity and economic growth.
