FSA

So, four weeks on, what's changed? To pick out two of the biggest news items is a bit tricky as there seems to have been a lot going on. On that basis I'll grab the two things that tickled me the most.

Joint proposals aimed at minimising the administrative burden on insurance groups operating in the EU have been put forward by the Financial Services Authority and the Treasury.

The Financial Services Authority says it met 82% of its own service standards between April and September 2006, according to its latest performance results.

Law firm CMS Cameron McKenna has criticised the Financial Services Authority for giving contradictory messages about the best execution requirements of the new conduct of business sourcebook.

The Financial Services Authority has attacked the retail financial distribution model for being unreliable, untrustworthy and failing to establish long-term relationships.

The Financial Services Authority yesterday said the collapse of a large private equity-backed company in the future is inevitable, reports the Times .

The new conduct of business regime will reduce the costs of complying with Financial Services Authority requirements in the long-term, according to law firm Bond Pearce.

Two government consultants accused of a conflict of interest over assessing companies to administer the new home inspector scheme have been suspended, reports the Daily Telegraph .

The Association of IFAs (AIFA) has accused the Financial Services Authority (FSA) of still wanting to ban commission based payments two years after it defeated the regulator on the same issue.

Here are a few oxymorons and contradictions for you: