UK: FSA publishes 2010/11 business plan

The Financial Services Authority has published its 2010/11 business plan: see here (pdf). Section 1, which deals with financial stability, discusses the FSA's role with regard to regulated firms' governance, financial reporting and remuneration policies. With respect to its supervisory role, the FSA states (p. 16):

Key areas that we will continue to build on in 2010/11 are: focusing on corporate governance; financial reporting; firms’ remuneration; recovery and resolution plans; and further developing our ability to identify and mitigate risk".