Home
World Journal of Advanced Research and Reviews
International Journal with High Impact Factor for fast publication of Research and Review articles

Main navigation

  • Home
    • Journal Information
    • Editorial Board Members
    • Reviewer Panel
    • Abstracting and Indexing
    • Journal Policies
    • Our CrossMark Policy
    • Publication Ethics
    • Issue in Progress
    • Current Issue
    • Past Issues
    • Instructions for Authors
    • Article processing fee
    • Track Manuscript Status
    • Get Publication Certificate
    • Join Editorial Board
    • Join Reviewer Panel
  • Contact us
  • Downloads

eISSN: 2581-9615 || CODEN: WJARAI || Impact Factor 8.2 ||  CrossRef DOI

Research and review articles are invited for publication in April 2026 (Volume 30, Issue 1) Submit manuscript

Conceptual framework for advancing regulatory compliance and risk management in emerging markets through digital innovation

Breadcrumb

  • Home
  • Conceptual framework for advancing regulatory compliance and risk management in emerging markets through digital innovation

Anne Ajiri Alex-Omiogbemi 1, *, Aumbur Kwaghter Sule 2, Bamidele Michael Omowole 3 and Samuel Jesupelumi Owoade 4

1 Independent Researcher, Warri, Delta State, Nigeria.
2 Independent Researcher, Abuja.
3 University of Potomac, Virginia Campus, USA.
4 Wells Fargo, Charlotte, North Carolina.
 
Review Article
World Journal of Advanced Research and Reviews, 2024, 23(03), 1155-1162
Article DOI: 10.30574/wjarr.2024.24.3.3752
DOI url: https://doi.org/10.30574/wjarr.2024.24.3.3752
 
Received on 02 October 2024; revised on 09 November 2024; accepted on 12 November 2024
 
Emerging markets face significant regulatory compliance and risk management challenges, including economic instability, inadequate infrastructure, and rapid globalization. Digital innovation offers transformative potential to address these issues through advanced tools such as artificial intelligence (AI), blockchain, and data analytics. This paper proposes a conceptual framework for integrating digital tools into compliance systems to enhance efficiency, transparency, and scalability. The framework highlights three core components: technology adoption, regulatory collaboration, and data integration. These elements collectively streamline compliance processes, enable proactive risk management, and foster stronger relationships between businesses and regulators. While the framework offers substantial benefits, including improved accuracy and scalability, its implementation is hindered by high costs, limited infrastructure, and resistance to change. Recommendations are provided for policymakers, regulatory bodies, and businesses to overcome these barriers, including investments in digital infrastructure, regulatory sandboxes, and capacity-building initiatives. By adopting this framework, emerging markets can achieve more effective compliance and risk management systems, contributing to sustainable economic growth and global competitiveness.
 
Digital innovation; Regulatory compliance; Risk management; Emerging markets; Blockchain; Artificial intelligence
 
https://wjarr.com/sites/default/files/fulltext_pdf/WJARR-2024-3752.pdf

Preview Article PDF

Anne Ajiri Alex-Omiogbemi, Aumbur Kwaghter Sule, Bamidele Michael Omowole and Samuel Jesupelumi Owoade. Conceptual framework for advancing regulatory compliance and risk management in emerging markets through digital innovation. World Journal of Advanced Research and Reviews, 2024, 24(3), 1155-1162. Article DOI: https://doi.org/10.30574/wjarr.2024.24.3.3752

Copyright © Author(s). All rights reserved. This article is published under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, sharing, adaptation, distribution, and reproduction in any medium or format, as long as appropriate credit is given to the original author(s) and source, a link to the license is provided, and any changes made are indicated.

All statements, opinions, and data contained in this publication are solely those of the individual author(s) and contributor(s). The journal, editors, reviewers, and publisher disclaim any responsibility or liability for the content, including accuracy, completeness, or any consequences arising from its use.

Get Certificates

Get Publication Certificate

Download LoA

Check Corssref DOI details

Issue details

Issue Cover Page

Editorial Board

Table of content

Copyright © 2026 World Journal of Advanced Research and Reviews - All rights reserved

Developed & Designed by VS Infosolution