Extra work was needed to generate paper that has no function except to satisfy the regulator.

However, the airline was able to satisfy the regulator and was permitted to continue operating.

Absurdly, pension funds are themselves creating this unreal problem by buying gilts in a possibly misguided attempt to satisfy regulators.

It's obliged to relinquish a mere dozen 'pairs' of these slots to satisfy regulators.

The vast majority of regulated advisers and investment managers are honest and, perhaps more importantly, have satisfied the regulators' requirements in terms of professionalism, technical competence, solvency and record keeping.