-
'regulatory' means the loss and removal of the EBA & EMA has finally revealed to the brextards, (Redwood et al), that even if the Tories failed to negotiate anything other than the hardest of Brexits, reverting to trade on WTO Tariffs does not mean the 1st day of post-brexit trading is all tickety-boo.
It is the non-Trade barriers to trade that will stop trans-border commerce.
We have had regulatory compliance, the Single Market, for so long, few have memories of Certificates of Compliance and Certificates of Conformity.
Also, Barnier has stated from the beginning of these negotiations that the four pillars of the EU are indivisible, no Single Market without Freedom of Movement.
Not looked at detail, but on the surface "regulatory" sounds goods/ services based as opposed to people.
Might they try and make this UK wide? Removing freedom of movement and maintaining other elements would be a bit of a coup for the tories, from their perspective.