Sheriar Bradbury, CEO of Bradbury Hamilton, asks how does increasing capital adequacy requirements help the end consumer?
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...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes