New regulator pledges to 'act more decisively' than FSA
The Financial Services Authority has outlined the risks that will be a priority in the next 12 months for its successor, the Financial Conduct Authority, when it takes over on 1 April.
In its new risk outlook and business plan, published today, the regulator identified the main risks for the coming year as:
• Firms not designing products and services that respond to real consumer
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