Would it be acceptable for a banking regulator to be paid millions / year for a few hours work by the companies they are claiming to regulate? It doesn't requi

Would it be acceptable for a banking regulator to be paid millions / year for a few hours work by the companies they are claiming to regulate? It doesn't require innuendo to believe it disqualifies someone for the role as regulator-in-chief. Calling it innuendo is a talking point to deflect that taking this type of money is troubling behaviour for a public servant.