Throughout the run-up to the UK's historic referendum on
membership of the European Union, the Leave campaign had a few
catchphrases. While 'take back control' had a special ring to
it, another popular one was all about EU red tape. Personal
feelings as to whether one was in or out aside, calls for a
rule reassessment must have been music to many bankers' ears.
Red tape has been their nemesis since long before the crisis,
though the pace has certainly quickened significantly in the
Because all of the biggest, most onerous pieces –
and here there's a special shout out to the City's most
humiliating regulatory defeat in...