Regulatory compliance and over-compliant information sharing – Changes in the B2G landscape

Abstract

Business-to-government information exchange has over the past decades greatly benefited from data exchange standards and inter-organisational systems. The data era enables a new shift in the type of information sharing; from formal reporting to opening up full (and big) data sets. This enables new analytics and insights by government, more effective and efficient compliance assessment, and other uses. The emphasis here shifts from establishing formats to deciding what information can be shared, under what conditions, and how to create added value. There are numerous initiatives that explore how to put data to better use for businesses, for government and for their interactions. However, there is limited attention to exactly how these new forms of extensive data sharing affects the supervision relationships. In this paper, we exploratively look across three research projects to identify the implications of information sharing beyond the regulatory requirements (‘over-compliant’). We find that the lack of attention to those implications lead to solutions that are hard to scale up and present unexpected consequences down the line, which may negatively impact the future willingness to explore new potential added value of data sharing.