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The Impact of Mika on Regulation in the US
Mika is one of the first truly comprehensive sets of rules in a major jurisdiction, it can be expected that it will have some impact. It will be in particular interesting to see what route the US will take. The recent collapse of FTX has certainly sparked the urgency for a comprehensive set of rules also in the US. We hope clients have found these insights helpful but if there's any further questions on this topic, please follow up with your HSPC representative.