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FSA sets out outcomes in its Annual Report

The Financial Services Authority (FSA) has published its Annual Report for the year 2007/08.

The report details how the FSA has delivered outcomes for both firms and consumers throughout the year under the three headings which cover all of the FSA's work.

These are:

To promote efficient, orderly and fair financial markets, both wholesale and retail; To help the retail consumer for financial services achieve a fair deal; and To improve its business capability and effectiveness, so as to make the FSA easier to do business with.

In his introductory statement, Callum McCarthy, chairman of

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