FSA – Business plan for 2007/08 focuses on more principles based regulation
The Financial Services Authority (FSA) last week published its Business Plan for 2007/8 which sets out its priorities for the coming year. The plan focuses on the organisation's move towards more principles-based regulation (MPBR).
The document also outlines increased spending on financial capability and key investments to be made in people, information systems and the way the FSA regulates, to facilitate the change towards MPBR
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