So where are we after six months of operating under outcomes-focused regulation (OFR)? Well the world hasn’t ended, the profession hasn’t imploded and we haven’t seen any public floggings. We have of course seen some high-profile criminal charges against individuals caught appropriating funds from their firms which hasn’t done the profession any favours but, on the whole, everyone appears to have coped reasonably well so far. Well, perhaps not everyone.
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