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A comment on Airlines Are Just Banks Now. Parent comment

Re:Airlines Are Just Banks Now by PaulDavisThe1st on Thursday September 21, 2023 @06:01PM (#37605012)
Those expenses are on the part of the regulator, which is funded differently. As a society, we may be paying more to say "you must do step C", but as a customer or provider of Foo, there's no change.
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Re:Airlines Are Just Banks Now by riatin on Thursday September 21, 2023 @06:39PM (#37605427)
No? Entities don't get to write off the cost of being audited, there's a very real expense associated with both documenting the regulated process in a compliant manner and working through the audit process with the relevant regulatory body.
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Re:Airlines Are Just Banks Now by PaulDavisThe1st on Thursday September 21, 2023 @07:20PM (#37605789)
Entirely fair point.
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