FSA handbook 'barely grown' in last year-BDO

The firm says parts of the industry are 'crying wolf' by claiming regulation has exploded since the collapse of Northern Rock, and says the number of rules only increased by 6% during 2008. BDO's Financial Services Group believes regulation can be measured by the number of pages in the FSA's handbook, and says the book has barely grown in the past twelve months. When comparing changes to the handbook introduced this month with changes introduced in January 2008, BDO says the handbook has only been extended by another 497 pages. This compared with over 2,000 pages in 2007, when new MiF...