zlacker

> I was saying that from a legal complience perspective, the notion that the regulatary body is "good-natured" is meaningless.

It's not, because as the article explains, experience with the existing regime shows that, the good natured regulator will send you a helpful and explanatory warning letter that tells you what you need to do to become compliant before jumping into fines.

An un-good-natured regulator would behave rather differently.