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- Title
REGULATING DISRUPTION AND DEVELOPMENT OF THE DISRUPTION CALCULUS.
- Authors
WALKER-MUNRO, BRENDAN
- Abstract
Regulatory disruption is the process where new developments in technology, systems or practice disconnect regulators from either their supporting law framework or the objectives they set out to achieve. Once disconnection is achieved, regulators become more and more irrelevant to and distanced from the risks presented by the emerging disruptor. What does a regulator do when it becomes disconnected? This article sets out to answer that question. It challenges the presumption that disruption should not be regulated and identifies the shortfalls in existing regulatory theory when facing regulatory disruption. A potential framework for assessing and responding to regulatory disruption is also proposed to suggest new avenues of research and application.
- Subjects
CALCULUS; TECHNOLOGY
- Publication
University of Western Australia Law Review, 2019, Vol 46, Issue 1, p111
- ISSN
0042-0328
- Publication type
Article