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Regulatory Outlook: What deregulation and simplification mean for regulators in the UK, EU, and Middle East

The article from Bloomberg Professional discusses the evolving regulatory landscape in the UK, EU, and Middle East, focusing on the themes of deregulation and simplification. In the UK, post-Brexit, there's a push towards regulatory reform to enhance competitiveness, with the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) adapting to new freedoms outside the EU framework. The EU is also looking at simplifying its regulatory environment to reduce administrative burdens, particularly in response to the Capital Markets Union initiative aimed at fostering a single market for capital. Meanwhile, in the Middle East, regulatory changes are driven by economic diversification efforts, with countries like Saudi Arabia and the UAE implementing reforms to attract foreign investment and align with international standards. These regions are navigating a balance between deregulation to spur economic growth and maintaining robust regulatory oversight to ensure financial stability and investor protection.

Read the Full Bloomberg Article at:
[ https://www.bloomberg.com/professional/insights/regulation/regulatory-outlook-what-deregulation-and-simplification-mean-for-regulators-in-the-uk-eu-and-middle-east/ ]