FSA not staffed by 'out of touch bureaucrats' - Sants

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FSA CEO Hector Sants has hit back at criticism of the regulator's staff as being ‘out of touch' in his keynote speech to the FSA Annual Public Meeting.

He says the FSA is working towards getting the right mix of career regulators and experienced market practitioners, built on a vibrant graduate programme. “I believe we have achieved much this year towards this goal. Especially pleasing has been the depth and experience of many of those we have hired from the industry.” “Of course, there is always more to do. But I would like to dispel, I hope once and for all, the view of some commentators that the FSA is staffed by out of touch bureaucrats. “Anyone who meets my colleagues, or even looks at our website, would realise that this is sim...

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