Blog: Sants for the memories

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So, farewell then, Hector Sants. The FSA CEO has announced he is to depart in the summer after three years in which he oversaw the rockiest period in the watchdog's brief history.

Regulators are never popular with the regulated, but during Sants' reign the FSA came under fire from all angles. Advisers embattled by the perceived over-regulation of their profession have long compared the watchdog with a bluebottle - the only time you don't hear its incessant buzzing is when it's too busy crapping on someone's cake to make a sound. But against the backdrop of financial crisis, other voices have joined in the regulator-bashing. One of the few policies that the Conservatives have put in place before the forthcoming election is a commitment to review the whole regula...

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