Defending the Financial Services Authority

Everyone loves to hate regulators and virtually any criticism of the regulatory system is sure to find support in one quarter or another.

Nobody knows this better than politicians. Taking up the cudgels against 'oppressive' regulation in the City of London has always been useful, which is sure to inflame the mob and win some headlines.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions