This week we had a fire in a heritage building in Montreal that killed a number of people thanks to AirBnB and the landlord apparently skirting regulations designed to keep people safe. I also wrote recently of Bridge Academies, accused of scandals and abuses against schoolchildren in Africa. Fresh from her appearance at committee, Rachel Sandby-Thomas sets out the regulatory issues that could blunt the power of the lifelong loan entitlement. We've seen what happens when you let the financial services industry skirt regulations. I could go on; the list is endless. So I have zero patience for people who write about the 'regulatory burden' on institutions and services. The regulations are there to protect people, and those who can't see that are often the first people to put clients in harm's way - as we have seen, again, over and over.
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