Financial Regulation and Small Businesses: Why Think Small is Critical to Simplify Regulation and Enhancing Economies

  • Robin Jarvis Emeritus Professor, Department of Business Accounting, Brunel Business School, Brunel University of London, London, UK
Keywords: Regulation, SMEs, European Union (EU), Proportionality, Think small first

Abstract

The regulation on financial markets and institutions has tended in the main to focus on large companies and it appears there is an assumption that the regulation is also appropriate to small businesses. The phrase trickle down comes to mind which was related to the influence on the development of international financial report standards to SMEs. This phenomenon has resulted in significant burdens to small businesses.

Published
2026-06-25