Rajiv Gauba urges adaptable regulation balancing innovation, growth and accountability

Rajiv Gauba spoke about how rules for businesses and technology need to keep up with a changing world.

He said rules should help manage risks without stopping new ideas, competition or investment.

Changes in global trade and politics can affect how economies work.

New technologies, including artificial intelligence and cybersecurity tools, are changing quickly.

Businesses also increasingly work across several industries at once.

Gauba said good rules can protect people and keep markets stable.

But rules that are excessive or unclear can make it harder for businesses to grow and innovate.

He said regulators should be independent but also explain their decisions and be held accountable.

He also called on regulators to work together so their rules do not overlap or leave gaps.