A high-level theme that would be interesting to explore here is rules-based vs. principles-based regulation. For example, the UK financial regulators are more principles-based (broad principles of good conduct, flexible and open to interpretation). In contrast, the US is more rules-based (detailed and specific instructions). https://www.cfauk.org/pi-listing/rules-versus-principles-based-regulation
A high-level theme that would be interesting to explore here is rules-based vs. principles-based regulation. For example, the UK financial regulators are more principles-based (broad principles of good conduct, flexible and open to interpretation). In contrast, the US is more rules-based (detailed and specific instructions).
https://www.cfauk.org/pi-listing/rules-versus-principles-based-regulation