Opinion: Feeling the spirit

Managers, do you love regulation?
Did you cheer the recently proposed extension of Solvency II
reporting requirements, feel excited when compiling your governance
map and experience a Proustian, first-date tingle when the man, or
woman, from the PRA came in to discuss your underwriting
practices?
If not, maybe you should.
Lying within a midsummer speech by Bank of England deputy
governor and Prudential Regulation Authority CEO Sam Wood was an
admonishment that some banks and insurers were trying