FSA begins cost of regulation study

The study will be conducted in conjunction with the independent Financial Services Practitioner Panel and forms part of the regulator's Business Plan announced in January. The FSA will look to provide ‘robust estimates’ charged to firms from regulation within the Financial Services and Markets Act 2000, so as to sift out any costly elements within regulation not shared through corresponding benefits. The regulator will also evaluate regulation impact on company operating costs and to what extent these costs exceed the daily spending of these firms, paying attention to the affect regula...