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At the beginning of each year the FSA publishes its Financial Risk Outlook. This highlights significant developments in the environment within which the FSA operates. These include recent developments in the economy and financial markets and longer term trends such as increased individual responsibility, low inflation, and an ageing population.

Financial Risk Outlook

The Financial Risk Outlook also aims to judge how these developments may affect the FSA's statutory objectives (maintaining market confidence; promoting public understanding of the financial system; securing the appropriate degree of protection of consumers; and fighting financial crime).

Each year's analysis is used to help shape the FSA’s strategy. The Outlook’s conclusions are a key element in the FSA's priority-setting arrangements which are set out in our Business Plan.

By publishing the Outlook, we seek to raise awareness of the key issues facing the FSA and the regulated industry and to place the actions and decisions the FSA makes in context.