As London continues to evolve, there is a need for the rules to be fine-tuned, adapted and in turn reduced. A ‘one-size fits all’ approach doesn’t work, disregarding size, purpose, shareholder structure and so on. The cobweb of regulation is continually expanding and gaining complexity, stifling British companies’ ability to compete internationally. ‘Comply or explain’ is a great concept but very often voting agencies interpret this as a ‘comply or else’.
