They are at it again. Summer madness.
First, the Competition and Markets Authority (8 July), then the Legal Services Board (19 August), and now the
Legal Services Consumer
Panel (19 August). All want more regulation. Why
couldn't they just watch the Olympics like the rest of us?
Funny how regulatory bodies, which get paid out of taxes, always want more regulation but do not actually prevent the collapse of the banking system, Enron, Arthur Andersen, BHS, etc. Their mission statement might as well be: 'We can't actually regulate or control the banks, insurance companies,
or multi-national accountancy and law firms, so to justify our existence we will pick on small and medium-size...
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