• Doing business with the FSA
  • Small Firms
    • General information
      • Supervisory priorities 2008/09
        • Financial Risk Outlook
        • Business plan
        • Increased Supervision and contact with small intermediaries
        • Supervisory Priorities (Thematic Plan) 2008/09

 

We recently published our Financial Risk Outlook (FRO) 2008 and Business Plan for 2008/09. The FRO sets out what we think are the main risks present in our operating environment that will affect us, firms and consumers over the next 18 months. The Business Plan details how we intend to respond to these risks.

These pages contain important information. They summarise:

• the key messages from the FRO and Business Plan for small retail intermediaries;
• tell you more about how we will be working with you in the future; and
• set out the supervision priorities we will be focussing on in the next financial year (the thematic plan).

It is important that you have a clear understanding of how principles-based regulation and our thematic work fit together into the overall context of TCF. This will enable you to see where they inter-relate and how working on one can simultaneously help with the other.  TCF should not be a seen as a complex process. Instead, you should focus on the six clearly expressed consumer outcomes - and the evidence you need to show that you are delivering those outcomes consistently.