The Financial Services Authority (FSA) has today published its Business Plan. This sets out the FSA's priorities for 2005/06 and the budget necessary to deliver them.
The main theme is a continuation of the programme and priorities set out last year, supplemented by new responsibilities for mortgages and general insurance, following the government's decision in 2001 to widen the FSA's scope. These new regimes have significantly altered the balance of the FSA's work: 97% of the 25,000 regulated firms are now 'small firms' and particular attention and investment will be focused on this sector.
See Press Release and more information and documentation on the Business Plan 2005/06 here.
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