RaC and RegTech: Reconciling two different traditions in machine-executable regulation

Rules as Code (RaC) is an emerging concept in public innovation and it has mostly developed in parallel to what is commonly referred to as RegTech and SupTech. However, RaC is coming into the mainstream… RaC practitioners propose to create official, machine-consumable versions of some types of legislation and government rules, to exist alongside the natural language counterpart. This not only involves the use and integration of technology, but also a reimagining of the processes and methods currently used to create government rules.