Data governance is the formulation of policy to optimize, secure, and leverage information as an enterprise asset by aligning the objectives of multiple functions. (Khatri & Brown, 2010)
Existing efforts: GDPR-style regulation, public-sector frameworks such as the UK Data and AI Ethics Framework (transparency, accountability, fairness, privacy, trade-offs), catalogues, lineage, IAM. Still less mature than the technical stack, often reactive after harm.