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moooo99 | 2 months ago

I still fail to see the regulation inflation. It is not like there was an absence of regulation before the EU. But now once you comply with EU regulation, you have access to a significantly larger market than before, where you had to comply with national regulations.

So yeah, depending on what market your institution is from, you might see an increase in regulation. But changes are, once you expand beyond national borders, you have less regulation to deal with as compared to before the EU.

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Saline9515|2 months ago

AI, RGPD/DSA/etc, yearly money laundering regs are a good example. They come on top of local regulations, they don't replace them. Each country still has its own special laws.