CML applauds "intrusive, intensive" FSA

But it adds if the FSA had "focused in the past on errant firms in the way it intends to in the future, some of the problems would have been avoided". In a document outlining where it supports the FSA's actions, and ahead of submitting its response to the mortgage market review, the CML also says the regulator is now pursuing an "impressive, extensive and aggressive retail agenda" following what it calls the banking market problems. It supports the establishment by the FSA of a conduct risk division, saying it will help firms understand more clearly the core problems the FSA has ident...