The rate of change in the geopolitical landscape over the last few months has been extraordinary. With economic uncertainty persisting, governments are keen to promote growth and competitiveness, including calls for some regulators to cut red tape and remove unnecessary bureaucracy. While firms may welcome this, uncertainty and fragmentation of rules across jurisdictions could make it harder in practice to anticipate and plan for regulatory change.
As local regulatory priorities increasingly take centre stage, Global perspectives considers implications for the global landscape — amongst them the potential for deglobalisation and further regulatory divergence — and highlights key areas of regulatory focus and opportunity.
