A Harmonized Legal Landscape describes a situation where laws and regulations across different jurisdictions are aligned or made consistent. This reduces complexity and regulatory arbitrage for businesses operating internationally. Its objective is to create a more predictable and efficient operating environment for global industries. Such alignment often results from international cooperation and mutual recognition agreements.
Context
News often discusses a Harmonized Legal Landscape concerning digital asset regulation and cross-border financial services. The fragmented nature of current global crypto laws presents challenges for innovation and market expansion. Efforts toward international regulatory cooperation aim to establish consistent rules for digital asset markets.
CASPs must immediately integrate DORA's comprehensive ICT risk framework, shifting compliance from capital allocation to systemic operational resilience.
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