# kaal:claim:2831040-027

**Claim.** The downsides of principles based regulation are a costly and time consuming transition from rules based regulation, uncertainty, and compliance problems that follow from that uncertainty.

**Type.** failure  **Support.** argued

**Holds when.**

- a shift from rules based to principles based regulation

**Source quote.**

> The downsides of principles-based regulation include a costly and time consuming change from rules-based regulations to principles-based regulation, uncertainty, and compliance problems because of uncertainty

**From.** Wulf A. Kaal, *Dynamic Regulation for Innovation* (2016), IV.1 Remedying the Pacing Problem, page 18

**Cite as.** Wulf A. Kaal, Dynamic Regulation for Innovation (2016). SSRN: https://ssrn.com/abstract=2831040

**Verify.** sha256 of source PDF `de5156f14f44a5753cab55b6c4b03049eda58a143b99e08ef427aee1d261e1bf` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202016%20-%20Dynamic%20Regulation%20for%20Innovation.pdf

**Failure mode.** cost and uncertainty of principles based transition  (family: transition-and-migration-risk)

**Topics.** law-and-legal-systems, compliance

**Keywords.** principles-based-regulation, transition-costs, legal-uncertainty, compliance

**Related claims.**

- extended_by: https://wulfkaal.github.io/claims/2834531-040

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.