Saturday 4 March 2017

Dear Phil....

...if this is your Bright Idea I'd like to point out that for my company to set up an ISA for a client I am supposed to produce at least 110 - yes one hundred and ten - pieces of paper as required by your regulations. Without your regulations I could provide all that the buyer really needs to know on one sheet of A4, double spaced, 10 pt, Verdana.

And I'd also like to point out that the FCA uses its Handbook to specify these regulations, and at the last count there were over one million, yes 1,000,000, paragraphs (and here) in that alone.

And what about the UK tax code?

Look to your own house you wanker.

4 comments:

Mark Wadsworth said...

Splendid, I have tweeted

Mark Wadsworth said...

Although the first two links go to the same telegraph article, was that intended?

Bayard said...

L, do actually send him that as an email, although it might be an idea not to call him a wanker at the end. You never know, you might get a reply.

AFAICS, it's a case of the government saying, only we are allowed to have byzantine rules and regulations. We need them, because we are the state and we need an excuse to put away anyone who is causing trouble, but you don't.

Lola said...

Mw. I'll check lager. Yes I'll email him and cc my MP