IFA View: A new path for the FSA

The FSA is currently waiting on the side lines to see if the ‘powers that be', Cameron and Clegg, either pick it to play on their side, continue to leave it waiting for a verdict or decided it's not what is needed for the good of the team (government). As an integral part of the financial regulation system the FSA would do well to show its strength by staying true to its guiding principles and Statuary Objectives; one of these being ‘securing the appropriate degree of protection for consumers'. However, my question for the FSA is how does increasing the capital adequacy requirement of...