AmCham Publishes White Paper on Digital Regulation in Ireland
This week, AmCham published a position paper entitled ‘Ireland: Regulating for Europe’s Digital Future’.
AmCham’s position paper showcases how Ireland’s position as an EU regulatory hub has the potential to bolster innovation, and to enhance Ireland’s attractiveness as a destination of choice for investment.
Ireland’s experience as a key digital regulator within the EU provides a strong foundation upon which Ireland can enhance its regulatory role, and become a European champion in relation to emerging technologies and innovations.
Further, AmCham’s paper highlights how Ireland’s role as an EU digital regulatory hub enables Ireland to demonstrate its status as a European champion, which can benefit the EU on the global stage. AmCham outlines the importance of Ireland focusing on providing the investment and commitment required to maintain, and build upon, its role as a digital regulatory hub. Ireland has the potential to develop its role as a regulatory hub into that of a centre of excellence for regulation at the heart of the EU. Spurring innovation in Ireland will be key to achieving this goal, as will ensuring Ireland has a strong voice at the European table on all matters related to digital, data, cyber, A.I. and Industry 4.0.
Underlining the importance of cyber security in underpinning Ireland’s digital base, AmCham highlights the necessity of ensuring that the necessary cyber security infrastructure and resourcing is in place within public and regulatory bodies. This is imperative given Ireland’s strategic importance as a hub in the transatlantic digital economy.
With a focus on skills, AmCham has outlined that adequate skills development and attraction in key sectors, including digital, A.I., and cyber, will support innovation in Ireland. This will subsequently enhance opportunities for Ireland to be to the forefront of regulatory discussions on emerging technologies in Europe and will provide greater opportunity to ensure these key skills are embedded in key public bodies, including all regulators.
AmCham's 2023 President, Seamus Fives, spoke about AmCham's white paper on Digital Regulation and AmCham's position on the topic in the Irish Independent here
AmCham’s position paper is available here.
To engage with AmCham on topics related to digital regulation in Ireland and the EU, please contact Colm O'Callaghan, Director of Public Affairs and Advocacy at c.ocallaghan@amcham.ie.
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