Risk and Plan 2009/10: an alternative view

February was dominated by the annual publication of the Financial Services Authority’s Financial Risk Outlook and Business Plan for 2009/10. We thought we had better ask our regular regulatory specialist, Adam Samuel to give us an alternative view.

Adam Samuel BA LLM FCIArb Dip PFS Cert CII(MP & ER), barrister and compliance consultant can be contacted on tel 020 7 323 9171; email AdamSamuel@aol.com, website www.adamsamuel.co.uk His book, “Complaints and Compensation: a Guide to the Financial Services Market”, is available from www.cityandfinancial.com and www.adamsamuel.com.

The State of the FSA – the introduction

If the Financial Risk Outlook and Business Plans were really honest documents, at least one of them would begin a bit differently.