Clearly in Europe they have gone to preventive measures. On most countries the boats have to be insured and RCD says exactly what is the type of boat that can be used in each situation. Defines minimum requirements regarding the boats that can be used offshore and the boats have to be certified by the manufacturer. On top of that the boats have pass regular inspections and it is not only necessary to have a boat that is authorized to do that but also to have all the equipment needed for that.
Even if you have all that is needed in what regards material, you will need a licence that supposedly says that you are competent. An Oceanic licence can only obtained after several years and several other licences that include not only knowledge but practice.
In Texas, we call that the nanny state and many argue it will lead to the decline of the species.