Many technology companies conduct business in multiple countries, which makes it essential to stay on top of a range of variable global tech regulations. This task becomes even more challenging in the face of rapid technology shifts that require fast and evolving responses from regulatory agencies.
Below, members of Forbes Technology Council offer their expert insights and personal strategies to help fellow industry leaders stay informed about ever-changing global tech regulations. Follow their advice to stay on top of legal shifts and remain compliant.
Not all regulations are equal. For example, the open-source software community is massive and diverse and prompts endless requirements. In this environment, uniform knowledge is impractical. To ensure optimal compliance, strategy leaders should carve out areas of importance and expertise—security, licensing, privacy—and monitor only the mandates relevant to those disciplines. - Varun Badhwar , Endor Labs
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To stay informed about global tech regulations, leaders should focus on regions relevant to their business—specifically, where they operate and serve customers. By prioritizing the strictest regulations, they can create a unified compliance framework. I work closely with our governance, risk and compliance leader to stay appraised of what's coming in the quickly evolving regulatory landscape. - David Gucker , Vultr
An effective way for leaders to stay updated on global tech regulations is by building a regulatory intelligence network. This includes subscribing to industry newsletters, joining professional associations and designating a legal expert to track changes. This ensures timely updates and helps leaders stay compliant and adjust strategies as needed. - Maksym Mashnytskyi
Co-present at conferences and workshops alongside representatives of state and local regulatory bodies. Sharing a stage has a way of bonding people, and personal relationships are great for keeping up with the latest news. If you're looking for topic ideas, watch the regulators' channels. They are often prolific content producers. - Ogie Sheehy , ViClarity
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