Gosling's Grouse: Are we becoming a 'slave' to regulation?

Has regulation gone too far?

Do you know what the implications of the Modern Slavery Act 2015 are for your business? No, me neither.

I have to confess I did not even think about it in relation to Investment Week, or the rest of our company, but apparently we should and you should too. How do I know this? Well, the boss of a good-sized asset manager told me recently they had it on the agenda at their main board meeting. He had asked both his head of risk and head of compliance to look at what they, as a business, were doing about the Modern Slavery Act.  Asset managers risk reputation by 'sweeping market abuse regulation under the carpet' Both had clearly heard about the legislation but knew very little about it....