Business laws and regulations need to serve the public interest without placing undue burdens on private enterprise. This chapter focuses on key reforms and actions since 2014 in terms of administrative reform and simplification, the operational environment for business creation, and bankruptcy laws and procedures. The interim assessment finds that several MED economies are working towards establishing formal mechanisms for regulatory impact analysis – although not yet through the implementation of an SME test. The interim assessment also notes increasing efforts to facilitate procedures for enterprise creation, particularly through the introduction of single identification numbers and online registration, to different degrees. Key recommendations from the chapter are as follows: 1. MED economies could step up their efforts to introduce ex ante and ex post regulatory impact analysis (RIA) – especially those that have not yet established a comprehensive committee and strategy to improve the business environment. Governments could also introduce the SME test, which is still absent in the MED region.2. There are laudable efforts to facilitate the creation of new firms by introducing online portals and single identification numbers when dealing with different organisations. These efforts could be taken a step further by reinforcing the role of one-stop shops in the facilitation of business registration. 3. Those economies that have reformed their insolvency legislation could support the implementation phase closely, particularly through training programmes supporting professionals working in the judiciary and related occupations.