In this podcast our panel considered the challenges and opportunities for the UK tech sector, focusing on the policy, legal and regulatory environment.
Our panel, moderated by Mishcon de Reya Regulatory Partner, Niki Stephens, comprised: Joel Gladwin, Head of Policy at The Coalition for a Digital Economy and Rebecca Rettig, General Counsel of the Aave companies.
Key themes included:
- Proportionate regulation is important for ensuring that the UK tech industry can continue to innovate at a rapid rate
- The general top-down, prescriptive approach to regulation is not always best suited to disruptive technologies
- An outcomes-focused framework that remains technologically agnostic is more conducive to innovation
- Brexit presents an opportunity for regulators to adopt a more principles-based, less granular, approach
- Greater engagement between regulators and industry is key
- Approaching regulation iteratively and a wider use of sandboxes would benefit innovative tech businesses.
This event is part of a series examining the recommendations in Mishcon de Reya's report 'A blueprint for an entrepreneurial technology driven economy' which explores how the UK can build on its existing strengths to create a framework for tech innovation.
Previous highlights from the series include a discussion with Ron Kalifa OBE and an exploration of how to bridge the talent deficit and a discussion on access to funding for early-stage tech businesses.
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