The latest Idiocy from Brussels (via Paris)

Control freaks in Brussels and various capitals in 'democratic' Europe are having a field day planning ever-more convoluted regulations. The latest example are the "Guidelines on sound remuneration policies under the AIFMD" that have just been released for 'consultation' by the Paris-based ESMA. The perfect antidote for those suffering from sleepless nights. I did not expect much before opening the document but 104 (!!) pages surpassed my expectations by a wide margin. Anyone wants to comment? Does the political class really push Europe down to second-class economic status?