Regulation: the devil’s in the detail

As recently as two years ago, City sages were warning of the dangers of overly prescriptive and unduly burdensome rules – “light-touch regulation” was decidedly in vogue, heralded as the only sensible modus operandi for the Financial Services Authority.

Politicians were among the first to point out that regulatory overkill ran the risk of stifling the financial services industry.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It