20th edition of Global Symposium for Regulators responds to challenges of digital transformation in the wake of global crises and beyond

New GSR-20 Best Practice Guidelines highlight key role of regulators and policy-makers in “building back better”

SYNCHROINFO JOURNAL. Volume 6, Number 4 (2020). P. 41-44.

Abstract

Promoting an adaptive, resilient and collaborative regulatory system is key to “building back better” and advancing digital transformation for all, according to participants at ITU’s 20th edition of the Global Symposium for Regulators (GSR-20), held virtually from 1 to 3 September. Regulatory authorities that gathered at GSR-20 agree that in the wake of COVID-19 digital regulation can boost the readiness of digital markets to face unexpected events and emergencies and deliver up to the expectations despite the odds. Accordingly, they have adopted GSR-20 Best Practice Guidelines: The gold standard for regulation to respond to the challenges of digital transformation in the aftermath of global crises and beyond.