Deregulation is presented as pro-industry, in particular as saving costs. But the opposite can often be true, especially over time. Following on from the recent article Lyndon Nelson wrote on the deregulation bills in the King's Speech, the article below takes a closer look at the idea of cutting the data that regulators require firms to provide... The results are likely to be messy and expensive, for firms as well as regulators... The present system needs to change but there are better paths forward...