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Kay review: nothing to report
30 July 2012
The Kay review will only be welcomed by consultants, says Anthony Hilton
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Kay review
There was a moment of irony at the official launch of Professor John Kay’s report in late July. Presenting a summary of his findings to an invited audience at the Royal Society of Arts he remarked that the growth of regulation in the last 25 years had led to the growth of a compliance industry.
An army of consultants, regulators, lawyers, accountants and others have emerged that have a vested interest in ever-increasing amounts of regulation and see more regulation as the answer to the financial...
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