The most common and most likely answer to this crossword clue is the 11 letter word BUREAUCRACY
I've seen this crossword clue in Financial Times
B
U
R
E
A
U
C
R
A
C
Y
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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does BUREAUCRACY mean?
BUREAUCRACY noun- Government by bureaus or their administrators or officers.
- (organizational theory) A system of administration based upon organisation into bureaus, division of labour, a hierarchy of authority, etc., designed to dispose of a large body of work in a routine manner.
- The body of officers and administrators, especially of a government.
- Excessive red tape and routine in any administration, body or behaviour.