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Headline

Editor's Weekly: Gold rush

Comment

Calm Down To assume that a one size fits all approach to regulation would work is a nonsense. If you want to see what happens when an unsophisticated regulator tackles a sophisticated and complex operational structure, just take a look at what's happening in the banking world. It's no more appropriate to expect the same regulator to asess performance of a High Street firm and a Magic Circle firm than it is to expect a High Street lawyer to tackle a multi-jurisdictional re-financing project (or a Magic Circle SP to do his own conveyancing!)

Posted date

23-Mar-2009

Posted time

6:02 pm

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