LONDON – The cost of regulation and compliance for the world’s leading 100 financial institutions has risen more than 30% in the past three years, to reach $56 billion in 2007. And, it is still rising. By 2010, the governance and control bill for this group of institutions could hit $100 billion, even before any new regulation introduced in response to the current global financial crisis, reckons Deloitte & Touche, the professional services firm.

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