The cost of implementing individual regulations can lead to high implementation and maintenance costs, duplication of efforts, and inconsistencies.
The cost of implementing Section 404 has been far higher than expected, especially in smaller firms.
But the censors prevailed, arguing that the cost of implementing such a procedure would be prohibitive.
The cost of implementing the programme will be £20m to £25m and will be incurred in the 2006 financial year.
The cost of implementing all the recommendations would come to a total of £1.093bn, Kershaw's team confirmed.
Yet much of the cost of implementing the non-proliferation agenda Obama laid out will be borne by developing countries.
"Once you get very large, the cost of implementing decisions starts to whittle away your advantage," says Mr Wightman.
Financial firms may grumble about the cost of implementing it, but MiFID has already changed attitudes in Europe's financial markets.
Critics argue that the cost of implementing the proposals will be passed on to consumers in the short term in the form of higher bills.
Its settlement includes £530m set aside to meet the cost of implementing welfare reform in 2015, including £300m for its flagship universal credit programme.
Indeed, economists have projected that the cost of implementing the C.P.P. would be recovered in public-health benefits alone, since it would reduce soot-and-smog-forming emissions.
