The position, constitution and potential options for regulators in the field are presented in this chapter. The foundation developed in previous chapters is utilised here to contrast with the actions of credit rating regulators in key jurisdictions for the leading credit rating agencies. The European Union, as a leader in this space, is analysed specifically because of the relative importance of its new AI Act, which is considered generally and from the perspective of the credit rating agencies. The chapter concludes with a distinct analysis of the concept of ‘Co-Regulation’ which has been identified as the chosen format of regulation of AI technologies; the intricacies of this approach are considered in the chapter.