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Please tell me how many jurisdictions with a legal regulator have decided that what they really need is a 'super-regulator'? All it leads to is competition between regulators in an unseemly race to the bottom. It's already well under way and the LSB wants more.

We've already seen that in the education sector with exam regulators competing to offer the easiest exams.

Why oh why the UK is so uniquely vulnerable to such wacko ideas is beyond me.

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