• About the FSA
  • Who are we
    • The Board
    • Management structure
    • Accountability
    • How we are funded
    • History
    • Useful links

Annual report

 

Describes the progress the FSA has made against our Strategic Plan

Annual Report

Related external information

The Financial Services and Markets Act 2000 can be found on the HM Treasury website

FSMA

FSMA gives the FSA four statutory objectives

FSA objectives

 

The Financial Services Authority (FSA) is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000. We are a company limited by guarantee and financed by the financial services industry.  The Treasury appoints the FSA Board, which currently consists of a Chairman, a Chief Executive Officer, three Managing Directors, and 9 non-executive directors (including a lead non-executive member, the Deputy Chairman). This Board sets our overall policy, but day-to-day decisions and management of the staff are the responsibility of the Executive.

Information for Firms and Consumers

The FSA is accountable to Treasury Ministers, and through them to Parliament. It is operationally independent of Government and is funded entirely by the firms it regulates. The FSA is an open and transparent organisation and provides full information for firms, consumers and others about its objectives, plans, policies and rules, including through this website. An area of this website provides information specifically for consumers on financial products, regulation and their rights.

For further information, see the following main sections:

• What we do
• Doing business with the FSA