It's your problem to figure out how to dispose it safely, sure. But if they want to e.g. audit where the waste is going, that would be widely seen as something

It's your problem to figure out how to dispose it safely, sure. But if they want to e.g. audit where the waste is going, that would be widely seen as something the government should do/pay for themselves. And that's how it is with a lot of banking regulation: complying isn't the expensive part, measuring and demonstrating that you're complying is. This is simply inaccurate. As just one obvious example: the cost of environmental assessments are borne by developers, which is all about measuring compliance. Similarly, common accounting regulations, which require both specific practices as well as specific records retention rules, to support audit activities, also impose costs on businesses. Heck, at the more individual level, if I want to put a building on a piece of land, bylaws state I'm responsible for producing site plans, construction details, etc, to allow the municipality to assess and approve the work to ensure I'm complying with zoning requirements, and I also bear the cost of safety inspections and so forth during and after construction to ensure I'm complying with the building code.