Cost of Regulation Survey
Thu May 21 2020
The financial services sector, including insurance and financial intermediation, is highly regulated and supervised. Over twenty EU legal instruments apply to the intermediation activity. On top of that, there are many other national rules that apply, such as taxation law, company law, rules on social security, etc.
The combination of sector-specific rules and general law rules creates an optimal framework that ensures maximum consumer protection; however, it comes at a cost.
Brokers Ireland is conducting a ‘Cost of Regulation’ survey to establish the cost to member firms of meeting their regulatory obligations. We would greatly appreciate if member (Principals & Directors) could take five minutes to complete this short survey in order to give us an insight and indication into what the cost of regulation is for members.
All data will be kept confidential and your responses will analysed on an anonymous basis.