"political enforcement of draconian laws"... like: how the US use their extra-territorial law to fine US Business's competitors (banks, industry...) ? ;-) It's funny to see how the US way of mixing law and business is terrifying when others may use it too, no? Anyway: it hasn't been how Europe worked until now, so relax. French Regulator said, for example, that it won't enforce strictly the regulation ... because... well... EU companies aren't more ready than US ones. And they'll have to.