It can be hard for businesses to keep up with regulation and compliance . It is not a particularly glamorous area of any business , but it is , nonetheless , essential . Richard Robinson , CEO at Robin AI , highlights the importance of regulation and what can happen if you do not keep up with it . He believes AI can make a huge difference in this area to help businesses remain compliant .

The ever-changing nature of regulation is under the microscope as the Trump administration takes office in the US , signalling that it will undo much of the regulation put in place under President Joe Biden . Even reducing regulation in this fashion requires legal and compliance teams to rapidly adapt and change course .

Whether it ’ s a case of reacting to new laws at home , keeping up-to-date with EU or global frameworks or meeting industry standards , every organisation risks sucking up huge amounts of time and making costly errors .

A fractured landscape

Many of the challenges presented by compliance come as a result of its fragmented nature – whether at the governmental scale , or within individual organisations .

Incremental change over time can mean that policies and contracts are scattered across different systems , departments or even languages . This can be particularly challenging when new staff join and need to pick up the thread .

New frontiers are constantly emerging too . Many countries now place a higher priority on measuring the environmental , social and governance ( ESG ) impacts of a business , adding

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