UK

Financial Services Practitioner Panel Annual Report Gives Voice to Industry Concerns

Joanna Gray, University of Newcastle upon Tyne

At the end of March, the Financial Services Practitioner panel produced its annual report which, although it did not receive the same level of publicity as some of the FSA’s recent announcements, provides some worthwhile insight into how much of the FSA’s recent work and direction are viewed from the perspective of the regulated financial services industry itself. Although practitioner and industry views and perspectives are put to the FSA as part of responses to consultation on individual initiatives, and indeed are summarised in the various feedback policy statements made by the FSA once considered, these are highly issue-specific. The Panel’s recent report provides a broader view and indicates where industry’s priority concerns lie.