Regulation does not mean the regulated are not trusted: rules engender confidence
A BBC commentator put it to the recently appointed KPMG senior partner that regulation is only required because trust in the City community has gone. This has been a developing theme in the aftermath of Libor and other failures in governance, but is a question that extends to organisations, communities and businesses well beyond the City.
The SRA’s Principles are not just rules, they capture the profession’s core values, says TLT’s Robert Bourns
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