Industry to assess FSA's performance

The survey, which is carried out every two years, aims to gather industry views on the FSA and establish a track record of the regulator’s performance. The Panel says previous surveys achieved a high response rate and provided “robust feedback” from the financial services industry, which has been taken on board in a “positive manner” by the FSA. It adds the feedback has “had a considerable impact on front-line FSA policy decision making and its regulatory operation generally”. For example, major issues emerging from the 2004 survey – the ever-increasing cost of regulation, the treatme...