Conservative FSA rehash: Same faces different name?

 

The Conservative party has admitted that its proposed organisational structure for financial services regulation would depend heavily on the experience and expertise of existing personnel in the Financial Services Authority (FSA).

In spite of its plan - outlined in a recent white paper - to abolish the current regulator and hand over authority to the Bank of England (BoE) and the Consumer Protection Agency (CPA), Sir James Sassoon, adviser to Shadow Chancellor, George Osbourne, said: "The

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