Ex-FSA legal chief brands regulator 'selective'- Papers 24 January

Blair, serving on the FSA board until 2000, said that the FSA should have produced a “true and fair” description of the verdict, The Times writes. Blair said that instead, the FSA’s formal press release on the case concentrated on its success in getting one element of its case upheld and played down the fact that the FSA’s key finding of “systemic mis-selling” had been overturned. He added that ”elements of the statement were selective, I’m surprised they didn’t adhere to higher standards.” Blair continued that impressions in the statement indicated that the FSA was 75% vindicated, w...