Ten Key Regulatory Challenges of 2025: Mid-Year

Powered by the patent-pending, AI-enabled KPMG Regulatory Barometer,* this year’s Ten Key Regulatory Challenges: 2025 Mid-Year assesses areas of upcoming regulatory pressure and direction of change across the following:

*Patent pending

Current regulatory trends

The rapid pace of changes presents substantial regulatory shifts, notably:

Historic regulatory process “norms” are being challenged.
Abrupt changes in regulatory focus are adding to uncertainty.
Regulatory policies are increasingly divergent.

What are the takeaways for business leaders?

In the current regulatory environment, businesses must:

Avoid Risk Complacency: Despite new Agency priorities, shifts in enforcement intensity, and selected rule recissions/withdrawals, existing regulations still stand and require ongoing adherence.

Be Alert to New Tailoring and Frameworks: Expect continued withdrawals of proposed rules, modifications/tailoring to existing rules, and the increasing use of 'frameworks' and statements versus guidance.

Expect Continued Investigation/Enforcement Shifts: Expect federal enforcement activities to focus on the “letter of the law” and 'direct harm' while states begin to increase activity.

Anticipate Expanded (and at Times Unexpected) Divergence: Expect the Administration to continue to pressure businesses, countries, states and agencies.

Click here to access industry-specific perspectives.

Where are the regulatory shifts greatest across each of the Key 10 Regulatory Challenges areas? What are the regulatory trends to be prepared for? Download the report and find out more: