FSA could increase public access to financial firm info

The regulator says it hopes to create a framework for determining what further information it might publish about firms and sectors and is inviting industry comment on the issue via a discussion paper. It says it recognises the importance of transparency and believes increasing the amount of firm-specific and broader industry information it discloses could lead to better regulatory outcomes for firms, markets and consumers. However, it also recognises stakeholders hold “strong and often polarised” views on transparency. Hector Sants, chief executive of the FSA, says: “We believe that ...