The longest book ever written?
The Single Rulebook on EU financial regulation is a serious contender. But will it deliver a safer and better financial system?
On size alone, the European Union’s Single Rulebook on financial regulation could well exceed Marcel Proust’s elephantine Remembrance of Things Past, recognised by some as the longest single novel.
It consists of more than 80 directives and regulations, 200-plus technical standards, 200-plus guidelines and many other types of documents. I have asked a research assistant to put together a database on all the regulations, but after trawling through 6,000 pages and 10,000-plus articles – most of
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