Watchdog wrapped over 'heavy handed' tactics - Papers 4th March

In 'Leviathan at Large: An Open Letter to FSA Chief Executive John Tiner', the think-tank says the FSA has lost the respect and support of the City, while undermining competitiveness by heavy handed compliance requirements and thwarting entrepreneurs. The report says the FSA's "lack of accountability" is nurturing a "sense of disengagement and growing disillusionment within the financial services industry". It also criticises the regulator's highhanded manner and habit of sending orders to companies in letters headed "Dear Chief Executive", the paper says. SCOTTISH EQUITABLE OWNER Aegon...