FSA Publishes Annual Report For 2006/2007

The Financial Services Authority (FSA) has published its annual report for the year 2006 07. The report details how the FSA has delivered outcomes for both firms and consumers throughout the year under the three headings which cover all of

By None

The Financial Services Authority (FSA) has published its annual report for the year 2006/07.

The report details how the FSA has delivered outcomes for both firms and consumers throughout the year under the three headings which cover all of the FSA’s work. Those are:

to promote efficient, orderly and fair financial markets, both wholesale and retail;

to help the retail consumer for financial services achieve a fair deal; and

to improve its business capability and effectiveness, so as to make the FSA easier to do business with.

In his introductory statement, FSA Chairman Callum McCarthy says: “2006/07 was, like other years, a busy year for the FSA. This reflected the final stages of some longstanding pieces of work, including the implementation of the Markets in Financial Instruments Directive and the Capital Requirements Directive. The year also marked important developments in work which will continue to be central to the FSA; our work on financial capability is a prime example of this.”

The full report is available here.

«