In further coverage from the Guernsey Funds Forum
2018 in London, Jon Moulton calls on companies to "resist
regulatory creep".
Jon Moulton, the Guernsey resident described as 'the public
face of the private equity industry' used a platform at the
Guernsey Funds Forum in London to hit out at ever-increasing
demands of corporate governance.
Mr Moulton, founder of Better Capital and chairman of the broker
FinnCap and Guernsey-based The International Stock Exchange, said
his last FinnCap board meeting was "80% regulation" which
he described as "obviously grotesquely excessive".
Directors of FTSE 100 companies face a trade off between
regulation and effective management, he said. "You cannot take
a view that regulation is being looked after by others, you have to
read and understand the lot, which is extremely demanding and
probably something quite bad for the industries."
