It was called the " Byron Directive" amongst other names . Totally ignored by the people responsible for its implementation
All of these "directives" are effectively just a collection of vacuous and irreconcilable motherhood statements. Otherwise, why wouldn't all of those big brave DASs sack the people who "totally ignored" them?
It's like directing people to "look before you leap" but ....at the same time, don't forget that "he who hesitates is lost". You are directed that "many hands make light work" but....at the same time, don't forget that "too many cooks spoil the broth".
You are directed to: "Go forth and reconcile the irreconcilable!"
A "taskforce" along with a "restructure"? If only someone had thought of that before. Oh...wait...
If this taskforce produces anything substantial, it will just be a different bugger's muddle. The regulator is not competent to run the regulatory reform program. And never will be.
Turn it off. Turn it all off. It's just a perpetual mess-making money-munching machine.
