Despite their importance, regulators face significant challenges. One of the most pressing issues is the often-constrained nature of regulatory agencies, which may lack the necessary funding, staffing, or authority to effectively carry out their mandates. This can lead to weakened enforcement and oversight, especially in industries where rapid change outpaces regulatory frameworks. Additionally, the global nature of business today complicates regulatory efforts, as issues such as cross-border transactions and international compliance raise questions about coordination among different regulatory bodies.
