> For the complete documentation index, see [llms.txt](https://bigwater.gitbook.io/bigwatertoken/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bigwater.gitbook.io/bigwatertoken/bigwater-token-blue-paper/15.-bigwatergovernance-regulatory-compliance-and-risk-management.md).

# 15. BigWaterGovernance: Regulatory Compliance and Risk Management

Effective governance and robust risk management are critical to the success and sustainability of the BigWater Decentralised Smart Water Ecosystem. This section outlines how the ecosystem ensures compliance with regulations and addresses various risks.
