The rough cost of regulation

The UK has the third most expensive securities and banking regulators in the world, according to the Financial Services Authority's annual report. However, unusually for a body as precise as a regulator, the FSA warns you cannot trust its own figures.

For the past few years, the FSA has compiled a chart in its annual report that compares the cost of regulatory authorities in different countries.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It