Hector Sants, the chief executive of the Financial Services Authority, delivered a speech today in which he explained the operation of the twin peaks model of regulation, which the FSA will be adopting from 2 April 2012: see here. Mr Sants also explained the further work the FSA will be undertaking in preparation for the dismantling of the FSA and the creation of the Prudential Regulation Authority and Financial Conduct Authority.
Monday, 6 February 2012
UK: financial regulation reform - update from FSA chief executive
Hector Sants, the chief executive of the Financial Services Authority, delivered a speech today in which he explained the operation of the twin peaks model of regulation, which the FSA will be adopting from 2 April 2012: see here. Mr Sants also explained the further work the FSA will be undertaking in preparation for the dismantling of the FSA and the creation of the Prudential Regulation Authority and Financial Conduct Authority.
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