In this episode of Corylated, founding editors Lindsey Rogerson and Rachel Wolcott revisit the theme from the podcast's first episode: the growing push for deregulation across financial services in the drive for growth. Eighteen months on, they assess how policymakers in the UK, EU and US are pursuing growth and competitiveness agendas by revisiting, simplifying and, in some cases, removing regulatory requirements.
Topics discussed:
The rise of "deregulatory FOMO" and whether jurisdictions are engaged in a race to cut rules.
The relationship between compliance, culture, enforcement and long-term growth.
Crypto regulation, MiCA, industry lobbying and the future of digital asset supervision.
The rollback of sustainability and ESG reporting requirements against the increasing evidence of climate risk.
Plans to simplify trade and transaction reporting in the UK and EU.
The consequences of scaling back regulatory tools such as Section 166 reviews, SMCR requirements and AML controls.
As always, Rachel and Lindsey explore what these changes mean for compliance professionals, regulators and firms navigating an increasingly uncertain regulatory environment.
Contact: editorial@corylated.com
Website: www.compliancecorylated.com