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Sandeep Agrawal, Director & Co-founder Teamlease Regtech
| 2023-05-11 13:04:38.0
AI is redefining the way regulators enforce laws and businesses manage compliance obligations. AI-powered platforms can analyze regulatory data, identify non-compliances, and support regulators in being more proactive and efficient in law enforcement. This reduces the need for physical audits and inspections and helps businesses stay compliant in real-time, reducing manual intervention and costs. Adoption of such platforms needs to be encouraged for end-to-end digitalization of regulatory obligations.
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