Machine readable regulation (MRR) is the process of converting regulatory text into a structured format that can be easily understood and processed by machines. In layman terms – When an over speeding vehicle is flouting the traffic rules, government administered CCTV automatically captures an image and sends a speeding ticket to the concerned person. This is done through MRR. The regulations are understood by the camera and then accordingly acted upon. MRR therefore plays a vital role in implementation & compliance of regulatory actions. It provides significant advantages to both regulators and regulated entities.
In the past, businesses, especially in the banking sector, have faced considerable challenges in complying with numerous regulations. Any change in existing regulation
While Chipotle Rolls Burritos, Ava Cado Is Taking Interviews
Anshika Mathews
