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BlackRock vice-chairman warns of data burden

Barbara Novick attacks international regulators for duplicating regulatory burdens by jurisdiction

BlackRock vice-chairman Barbara Novick has attacked international regulators for duplicating regulatory burdens by jurisdiction.

Novick - who is a member of the BlackRock Global Executive Committee - said international regulators have set so many new rules that global companies are now having to duplicate what they report in many countries where they have operations.

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