Regulation in the business world is a fast-changing landscape, with new acronyms such as CFIUS, GDPR, FDI, SFDR, the SEC, and the CSRC, seeming to appear daily. These shifting regulatory standards have profound impacts on the interaction between economies, influencing who does business where and with whom.
This labyrinth of regulations is borne from a myriad of political, economic, and social data points. These, in turn, have informed a rollback in the (mostly) progressive rulemaking that characterized three decades of global free-trade methodology. The expanded opportunities for investment and trade between countries and economic blocs we’ve become accustomed to are increasingly being re-evaluated and modified.
These transformations provide new challenges and opportunities for corporate legal teams. To attain an in-depth understanding of the changing scenario, the professionals need to adapt swiftly to the regulatory modifications while continuing to ensure their organizations operate within the law. A thought-provoking exploration of these issues can be found at Law.com.