Industry Guidance
Related information
FSA confirmed Industry Guidance
Policy statement:
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If you require any further information on Industry Guidance please email us.
This section of the website is dedicated to FSA confirmed Industry Guidance. It will be of interest to firms wishing to follow Industry Guidance, guidance producers wishing to seek confirmation and consumers wanting to understand the purpose of Industry Guidance.
Background
The FSA is committed to making a decisive shift towards more principles-based regulation, including making the regulatory architecture more principles-based, with greater emphasis on high-level and outcome-focused rules.
We recognise in making this shift the industry may wish to create its own guidance to assist firms that want more information on our principles and high-level rules. We also recognise that some firms may feel more comfortable following guidance which they know the FSA has reviewed and confirmed (although we do not expect every piece of industry guidance to be confirmed, nor should such guidance be deemed inferior).
In the past we have made public comments about specific pieces of Industry Guidance. These comments have varied in strength and formality. While we have been happy to provide recognition of this kind, some firms felt the status of such guidance was ambiguous and those producing it felt our process for endorsing it was inconsistent. We have remedied this by formalising how we recognise Industry Guidance and the status this will have in our regulatory regime.
We have created a process for recognising Industry Guidance, which we describe as FSA confirmation. Our final policy approach, including what FSA confirmation means, is detailed in our Policy Statement PS 07/16.
These pages provide firms, guidance producers and consumers with all the relevant information they should need about the production and use of FSA confirmed Industry Guidance. We also provide access to all pieces of confirmed Industry Guidance.
Accessing FSA confirmed Industry Guidance
A full list of FSA confirmed Industry Guidance is available in the FSA Library section of the site.
Obtaining FSA Confirmation
Should you require information on how to obtain FSA confirmation for your guidance or require details on the criteria for granting confirmation please click on the following links.
Process for confirming guidance