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Bear in mind many universities also have to satisfy the needs of regulators for teacher training, the NHS and a range of professional bodies – so there are multiple regulatory regimes with which they need to comply".
The situation was even more complicated for businesses that operate internationally and need to deal with multiple regulatory regimes and payment endpoints.
"I know about selling across borders; 97% of Prismtech's sales are international and we deal in multiple currencies under multiple regulatory regimes.
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California has faced housing and land shortages multiple times and has changed its regulatory regimes in response.
Regulatory regimes can be tinkered with to prevent "irrational exuberance".
Infrastructure companies could face uncertainty around new regulatory regimes".
Barclays has had to pay multiple fines in multiple jurisdictions over the last few years for multiple regulatory failures.
"Instead you will have chaos … every innovator survives on the oxygen of multiple regulatory systems".
We have one of the most robust regulatory regimes for shale gas.
"Comparisons between the GB and US regulatory regimes can be misleading," the regulator said.
Though markets have become far more global in the last decade, regulatory regimes are still national.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com