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Detailed and prescriptive rules are the best shield against regulatory excess.

Anybody who understands the culture at the SRA and thinks this through carefully will realise that this proposal is not intended to liberate you from anything. This proposal is intended first and foremost to concentrate yet more power in a regulatory body that is already widely considered to be out of control.

The SRA has a reckless disregard for the rule of law. It is a malfunctioning, incompetent, misfiring, bureaucracy concealing its perpetual existential angst behind ever more belligerence and aggression.

Those who believe me most will be those who have already been on the wrong side of the SRA's risk-based, principle-based, outcomes-focussed regulatory model introduced in 2011 and also sold to the profession as a liberating change.

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