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Digital Regulation Capability Model

Assisting regulators to identify and adopt digital capabilities, reduce the cost of digital transformation and support digital uplift.

Details

Topic
Regulatory reform
Audience
All audiences
Regulatory functions
Practice and processes, Digitisation, Skills and capability
Industry
All relevant industries
Document type
Framework
Author (Department)
Department of Treasury and Finance (Department of Treasury and Finance)
Date published
8 November 2024

About

The Digital Regulation Capability Model is a tool to help regulators assess their current digital capabilities and identify capabilities they might need in the future to support their regulatory functions.

The tool is technology agnostic and suitable for regulators of all sizes and across all sectors. Regulators can use the tool either:

  • to complement existing internal business capability models and digital capability models
  • as a starting point for a tailored digital capability model.

How this tool can help

By enhancing best practice in digital capabilities, regulators can:

  • improve delivery across all stages of regulatory operations
  • create a more connected and digitised ecosystem.

This model is an important first step in identifying opportunities, defining requirements and planning for a coordinated digital uplift.

Support to apply this tool

Contact the Department of Treasury and Finance at reg.reform@dtf.vic.gov.au to:

  • ask questions about applying this tool
  • get access to the stocktake of regulatory systems to find contacts in other regulators.

Updated