Data-Driven, Information-Enabled Regulatory Delivery
Industries and businesses are becoming increasingly digital, and the COVID-19 pandemic
has further accelerated this trend. Regulators around the world are also experimenting
with data-driven tools to apply and enforce rules in a more agile and targeted way.
This report maps out several efforts undertaken jointly by the OECD and Italian regulators
to develop and use artificial intelligence and machine learning tools in regulatory
inspections and enforcement. It provides unique insights into the background processes
and structures required for digital tools to perform predictive modelling, risk analysis
and classification. It also highlights the challenges such tools bring, both in specific
regulatory areas and to the broader goals of regulatory systems.
Available from September 25, 2021