What's Happening?
International law firm Simmons & Simmons has introduced STRIDE, an AI-powered digital regulation tracker designed to manage the complexities of global digital regulations. STRIDE, which stands for 'Simmons Technology Regulation Intelligence for the Digital
Economy,' offers a comprehensive, live database covering jurisdictions across Europe, Asia, and the Middle East. The initiative addresses the challenges posed by the numerous new laws emerging annually in areas such as AI, data, platform regulation, cybersecurity, crypto, and quantum technologies. These regulations often vary significantly between jurisdictions, and existing information sources are frequently outdated or incomplete. STRIDE aims to provide businesses with clarity and confidence in navigating these regulatory landscapes, utilizing modern tools for detailed analysis and custom filtering.
Why It's Important?
The launch of STRIDE is significant as it provides a much-needed solution for businesses operating in the rapidly evolving digital economy. With the increasing complexity and volume of digital regulations, companies face challenges in staying compliant and competitive. STRIDE's comprehensive database and analytical tools empower organizations to make informed decisions, manage risks, and anticipate regulatory changes. This development is particularly crucial for industries heavily reliant on technology and data, as it helps them navigate the regulatory environment more effectively, potentially reducing compliance costs and avoiding legal pitfalls.
