The volume of recent and upcoming digital regulation in Europe may appear to be overwhelming, but there is no need for undue concern. Careful and strategic preparation will ensure that businesses can predict and mitigate compliance costs, minimise risks and, crucially, identify and capture the opportunities that this regulation presents.
This landscape will provide the foundations for new commercial opportunities, which businesses cannot afford to ignore. The new data-centric economy requires substantial thought and planning. Waiting to see the impact is not an option.
Every global business operating with connections in Europe will be affected by this new framework. It is essential that regulation becomes central to their digital strategy and decision-making for the future. If they succeed in this, and act on plans without delay, we will see businesses truly fit for the digital age.
