Light-touch regulation and a belief in the fundamental rationality of the market will be replaced by a "bias towards conservatism", says Lord Turner, chairman of the FSA.
The FSA has assessed the impact severe weather, including flooding, would have on regulated firms.
The FSA says it will issue a policy statement on responses to its consultation on payment protection insurance (PPI) next year.
The Government's spending watchdog, the National Audit Office (NAO), is to investigate the FSA.
The FSA has banned mortgage broker Rashid Farid following his jail sentence earlier in the year for conspiring to commit fraud.
FSA plans requiring IFAs to hold capital of at least three months of their annual fixed expenditure risk the sustainability of the sector, warns the Association of Independent Financial Advisers (AIFA).
The FSA today threatens "follow-up action" against firms considering inserting a long-stop clause into their terms of business (ToB).
The FSA yesterday warned it will take a "dim view" on any adviser firm seeking to build trail business in a bid to "get around" its adviser charging proposals.
Banks are unhappy with suggestions they should pay additional levies to fund financial education in the UK.
Legislation to control bonuses and improve corporate governance in the finance sector will be implemented in the next Parliamentary year, the Queen said today.