Regulation: The dangers of duplication as the FSA splits into two

Two heads in silhouette

The Financial Services Authority has mimicked the forthcoming twin peak regulation model ahead of its implementation in 2013, but will it prepare the industry for change?

It should not have come as a major surprise that Hector Sants announced his decision to step down from his chief executive perch at the Financial Services Authority earlier this year.

Indeed, with the

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