Kevin Okell: Drowning in rules

According to Thomson Reuters, the group's regulatory intelligence service captured 52,506 regulatory alerts from more than 750 regulatory bodies across the globe in 2016. That is more than 200 updates a day. While ‘only' a fifth of these were from the UK and Europe, in an increasingly global market it is dangerous to assume the rest can be ignored - remember the Foreign Account Tax Compliance Act, better known as ‘FATCA'? Add in the red tape associated with employing people, managing a workplace, buying materials or publishing anything and the challenge of running a business looks positi...