What Are Some Recent Examples of Regulatory Changes?
Several recent regulatory changes have had significant impacts on businesses:
GDPR: The General Data Protection Regulation in the EU has transformed how companies handle personal data, emphasizing transparency and user consent. CCPA: The California Consumer Privacy Act has introduced stringent data privacy requirements similar to GDPR but tailored to the U.S. market. Climate Regulations: New environmental regulations are pushing businesses to adopt more sustainable practices, impacting sectors from manufacturing to energy.