Editorial: When less is more

All of which gives rise to the question whether this year has been a successful one from the regulatory point of view, and whether next year will herald a more arms-length approach that could leave practitioners to get on with their jobs rather than have to constantly look over their shoulders. Unfortunately, it seems, not on both counts. On the face of it, the FSA has met chairman Callum McCarthy’s promise when coming in to replace former boss Howard Davies to cut back on the number of consultation papers. However, even a cursory content analysis of the number of total documents...