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This is licence enough for the military-industrial complex of legal, accounting and compliance advisors that have grown around the markets, but it is made worse by the reluctance of regulators to take a position on what their own rules mean. | This is licence enough for the military-industrial complex of legal, accounting and compliance advisors that have grown around the markets, but it is made worse by the reluctance of regulators to take a position on what their own rules mean. | ||
Anyone in the business will know this is the aspiration of an utter fantasist. Anglo Saxon regulators | Anyone in the business will know this is the aspiration of an utter fantasist. Anglo Saxon regulators wouldn’t dream of giving guidance, perhaps fearing the [[precedent]] an erroneous ruling night create, perhaps acknowledging that their own staff have no better idea what the rules are meant to mean than anyone else: they are as prone to budget cuts, outsourcing, and the dogma of management by data as anyone else. | ||
{{sa}} | |||
*[[Data modernism]] | |||
*[[Complex system]] |