In the world of corporate governance, the question of whether a principles-based approach or a rules-based approach is the most effective is often a matter of debate. Different jurisdictions and different regulators take alternative approaches and, indeed, different approaches may be followed at different times. Felix Ritchie considers these two alternative approaches in his blog for the Risk Coalition. He looks at the cross-sector consultation document, Raising Your Game from the Risk Coalition and he draws on this to provides him with some lessons for data governance.