👉 Regulatory fluidity refers to the dynamic and adaptable nature of regulations in response to changing environments, technological advancements, societal needs, and new scientific insights. Unlike rigid and static regulations, fluid regulations can evolve over time to accommodate these shifts, ensuring that they remain relevant and effective. This adaptability is crucial in fields like technology, healthcare, and finance, where rapid changes are common. Regulatory bodies must balance the need for stability and predictability in rules with the flexibility to update them as necessary, often through mechanisms like periodic reviews, pilot programs, and stakeholder consultations. This approach allows for a more responsive regulatory framework that can better protect public interests and foster innovation.
