┌─────────────────────────────────────────────────────────────────────────────┐
│                    CURRENT REGULATORY LANDSCAPE                             │
├─────────────────────────────────────────────────────────────────────────────┤
│                                                                             │
│  FRAGMENTATION                                                             │
│  ┌──────────────────────────────────────────────────────────────────────┐   │
│  │ • Different approaches across jurisdictions                         │   │
│  │ • US: SEC (securities) vs CFTC (commodities) vs FinCEN (AML)       │   │
│  │ • EU: MiCA (comprehensive)                                          │   │
│  │ • UK: FCA (principles-based)                                        │   │
│  │ • Singapore: MAS (progressive)                                     │   │
│  │ • China: Restrictive                                               │   │
│  └──────────────────────────────────────────────────────────────────────┘   │
│                                                                             │
│  KEY REGULATORY BODIES                                                     │
│  ┌──────────────────────────────────────────────────────────────────────┐   │
│  │ • FATF (Financial Action Task Force): AML/CFT standards             │   │
│  │ • IOSCO (International Organization of Securities Commissions)      │   │
│  │ • BIS (Bank for International Settlements)                         │   │
│  │ • FSB (Financial Stability Board)                                  │   │
│  │ • OECD: Tax standards                                              │   │
│  └──────────────────────────────────────────────────────────────────────┘   │
│                                                                             │
└─────────────────────────────────────────────────────────────────────────────┘

┌─────────────────────────────────────────────────────────────────────────────┐
│                    FUTURE REGULATORY SCENARIOS                              │
├─────────────────────────────────────────────────────────────────────────────┤
│                                                                             │
│  SCENARIO 1: HARMONISED REGULATION                                          │
│  ┌──────────────────────────────────────────────────────────────────────┐   │
│  │ • Global standards for crypto                                      │   │
│  │ • Consistent requirements across jurisdictions                   │   │
│  │ • Reduced regulatory arbitrage                                    │   │
│  │ • Increased institutional participation                          │   │
│  └──────────────────────────────────────────────────────────────────────┘   │
│                                                                             │
│  SCENARIO 2: FRAGMENTED REGULATION                                          │
│  ┌──────────────────────────────────────────────────────────────────────┐   │
│  │ • Divergent approaches across jurisdictions                       │   │
│  │ • Regulatory arbitrage opportunities                              │   │
│  │ • Compliance complexity                                           │   │
│  │ • Innovation in permissive jurisdictions                          │   │
│  └──────────────────────────────────────────────────────────────────────┘   │
│                                                                             │
│  SCENARIO 3: RESTRICTIVE REGULATION                                        │
│  ┌──────────────────────────────────────────────────────────────────────┐   │
│  │ • Severe restrictions on crypto                                   │   │
│  │ • Limits on DeFi and exchanges                                   │   │
│  │ • Migration to private/offshore jurisdictions                   │   │
│  └──────────────────────────────────────────────────────────────────────┘   │
│                                                                             │
│  SCENARIO 4: INNOVATION-FRIENDLY REGULATION                                 │
│  ┌──────────────────────────────────────────────────────────────────────┐   │
│  │ • Regulatory sandboxes and safe harbours                         │   │
│  │ • Principles-based approach                                      │   │
│  │ • Encourages innovation and growth                               │   │
│  └──────────────────────────────────────────────────────────────────────┘   │
│                                                                             │
└─────────────────────────────────────────────────────────────────────────────┘

# ===================================================================
# MODULE 8, LESSON 6: REGULATORY EVOLUTION AND GLOBAL STANDARDS
# ===================================================================

import pandas as pd
import matplotlib.pyplot as plt
import numpy as np
from typing import Dict, List
import warnings
warnings.filterwarnings('ignore')

print("="*70)
print("REGULATORY EVOLUTION AND GLOBAL STANDARDS")
print("="*70)

# ----------------------------------------------------------------
# PART A: REGULATORY FRAMEWORK COMPARISON
# ----------------------------------------------------------------

print("\n" + "-"*60)
print("PART A: Regulatory Framework Comparison")
print("-"*60)

regulatory_data = {
    'Framework': ['MiCA', 'FATF Standards', 'Basel III', 'IOSCO', 'US (SEC/CFTC)'],
    'Region': ['EU', 'Global', 'Global', 'Global', 'US'],
    'Scope': ['Comprehensive', 'AML/CFT', 'Bank Capital', 'Securities', 'Fragmented'],
    'Key Focus': ['Crypto-assets', 'VASP regulation', 'Crypto exposure', 'Investor protection', 'Enforcement'],
    'Status': ['Implementing', 'Active', 'Active', 'Guidance', 'Developing'],
    'Compliance Impact': ['High', 'High', 'High', 'Medium', 'High']
}

regulatory_df = pd.DataFrame(regulatory_data)
print(regulatory_df.to_string(index=False))

# ----------------------------------------------------------------
# PART B: REGULATORY SCENARIO ANALYSIS
# ----------------------------------------------------------------

print("\n" + "-"*60)
print("PART B: Regulatory Scenario Analysis")
print("-"*60)

scenario_data = {
    'Scenario': ['Harmonised', 'Fragmented', 'Restrictive', 'Innovation-Friendly'],
    'Likelihood': ['Medium', 'High', 'Low', 'Medium'],
    'Global Coordination': ['High', 'Low', 'Medium', 'Medium'],
    'Compliance Burden': ['Medium', 'High', 'Very High', 'Low'],
    'Innovation Impact': ['Positive', 'Mixed', 'Negative', 'Very Positive'],
    'Institutional Adoption': ['High', 'Medium', 'Low', 'High']
}

scenario_df = pd.DataFrame(scenario_data)
print(scenario_df.to_string(index=False))

# ----------------------------------------------------------------
# PART C: COMPLIANCE REQUIREMENTS MAP
# ----------------------------------------------------------------

print("\n" + "-"*60)
print("PART C: Compliance Requirements Map")
print("-"*60)

compliance_map = {
    'Requirement': ['KYC/AML', 'Travel Rule', 'Licensing', 'Reporting', 'Data Protection', 'Tax'],
    'Description': [
        'Customer identification and verification',
        'Transaction information sharing',
        'Operating license/registration',
        'Regulatory reporting',
        'Privacy and data security',
        'Tax reporting and payment'
    ],
    'Applicable To': [
        'All VASPs',
        'All VASPs',
        'Exchanges, custodians',
        'All VASPs',
        'All VASPs',
        'All VASPs'
    ]
}

compliance_df = pd.DataFrame(compliance_map)
print(compliance_df.to_string(index=False))

# ----------------------------------------------------------------
# PART D: REGULATORY TIMELINE
# -----------------------------------------------------------------

print("\n" + "-"*60)
print("PART D: Regulatory Timeline (2024-2030)")
print("-"*60)

reg_timeline = {
    'Year': ['2024', '2025', '2026', '2027', '2028', '2029', '2030'],
    'MiCA': ['Implementation Start', 'Full Application', 'Review', '', '', '', ''],
    'FATF': ['Ongoing', 'Ongoing', 'Ongoing', 'Review', 'Ongoing', 'Ongoing', 'Ongoing'],
    'Global Standards': ['Development', 'Development', 'Proposals', 'Discussions', 'Agreement', 'Implementation', 'Rollout'],
    'US': ['Enforcement', 'Legislation?', 'Implementation', 'Review', 'Ongoing', 'Ongoing', 'Ongoing'],
    'Key Events': [
        'MiCA starts',
        'Global stablecoin framework',
        'DeFi regulation proposals',
        'International coordination',
        'Global standards',
        'Implementation',
        'Maturity'
    ]
}

reg_timeline_df = pd.DataFrame(reg_timeline)
print(reg_timeline_df.to_string(index=False))

# ----------------------------------------------------------------
# PART E: COMPLIANCE READINESS CHECKLIST
# -----------------------------------------------------------------

print("\n" + "-"*60)
print("PART E: Compliance Readiness Checklist")
print("-"*60)

readiness_checklist = {
    "KYC/AML": [
        "Customer identification program implemented",
        "Customer due diligence procedures in place",
        "Enhanced due diligence for high-risk customers",
        "Sanctions screening active",
        "Suspicious activity reporting procedures established"
    ],
    "Regulatory": [
        "Licensing/registration in applicable jurisdictions",
        "Regulatory reporting systems in place",
        "Legal counsel engaged",
        "Regulatory monitoring process established"
    ],
    "Data Protection": [
        "Privacy policy published",
        "Consent mechanisms implemented",
        "Data retention policies documented",
        "Data breach response plan in place"
    ],
    "Governance": [
        "Compliance officer appointed",
        "Board/management oversight",
        "Policies and procedures documented",
        "Training programs implemented"
    ],
    "Risk Management": [
        "Risk assessment completed",
        "Risk mitigation measures implemented",
        "Monitoring and reporting systems",
        "Incident response plan in place"
    ]
}

for category, items in readiness_checklist.items():
    print(f"\n{category.upper()}:")
    for item in items:
        print(f"  □ {item}")

# ----------------------------------------------------------------
# PART F: SUMMARY AND RECOMMENDATIONS
# -----------------------------------------------------------------

print("\n" + "="*70)
print("PART F: Summary and Recommendations")
print("="*70)

print("""
Regulatory Evolution and Global Standards – Key Takeaways:

1. Regulation is evolving from fragmented to harmonised.
2. Key frameworks: MiCA (EU), FATF Standards, Basel III, IOSCO.
3. Drivers: market growth, consumer protection, financial stability, innovation.
4. Future scenarios: harmonised, fragmented, restrictive, innovation-friendly.
5. Compliance requirements: KYC/AML, Travel Rule, licensing, reporting, data protection, tax.
6. Standards bodies: ISO, IEEE, W3C, OASIS, IETF.
7. Industry response: proactive engagement, compliance by design, self-regulation.

Recommendations:
  - Monitor regulatory developments continuously.
  - Build compliance by design into products.
  - Engage with regulators proactively.
  - Consider multiple jurisdiction strategies.
  - Invest in compliance infrastructure.
  - Participate in industry associations.
  - Prepare for regulatory convergence.
""")