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According to a report published last year by the Centre for the Study of Financial Innovation, "There is a pervasive mood of discontent in the City with the FSA: people find it bureaucratic, intrusive and insensitive".Still, the current division of labour among the different American regulators is hard to justify.
"We have a lot of very capable people, but if you make it bureaucratic, you're not going to be fast," he says.
One more step and it soars from it bureaucratic birthplace into the halls of justice.
Similar(56)
But, famously secretive and protective of its bureaucratic territory, it is likely to drag its feet.
Companies, who it had been hoped would support the new compromise, hate it because it imposes bureaucratic burdens on employers.
Is it about bureaucratic changes, is it policy?
It lacks bureaucratic heft in Brussels, largely because its civil servants do not speak enough languages.
But it is bureaucratic, time consuming and perhaps unnecessarily fussy about the evidence it requires for even the smallest transaction.
It was more than a cruel slap in the face; it was bureaucratic kick in the gut.
It resists bureaucratic subversion.
It was bureaucratic duty.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com