The Financial Services Authority yesterday published a document setting out the regulatory approach of the new Financial Conduct Authority: see here (pdf). Whilst the FCA"s supervisory framework is still being developed, the document indicates that much greater intervention in retail financial services markets is likely along with greater proactivity in the promotion of market efficiency and resilience. Tuesday, 28 June 2011
UK: the FCA's approach to regulation
The Financial Services Authority yesterday published a document setting out the regulatory approach of the new Financial Conduct Authority: see here (pdf). Whilst the FCA"s supervisory framework is still being developed, the document indicates that much greater intervention in retail financial services markets is likely along with greater proactivity in the promotion of market efficiency and resilience. 
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