With the introduction of the fsma at n2, the fsa regulates the activities of mainstream financial services business. Fsa fines bank of scotland £1. 25m. How to get financial advice, and what to do if things go wrong. The website provides information on the financial service sector in wales and of its work and projects. Collaboration key in fight against financial crime.

Ultimately, the fsa is all about maintaining confidence in the uks financial marketplace for the benefit of everyone. David’s career includes operational risk consulting and management roles in financial services, oil and gas, nuclear and pharmaceutical industries. The financial services authority has published a report on financial promotions. Philip robinson, financial crime sector leader, fsa, says: "hackers and fraudsters are refining and improving their techniques as we speak. Financial risk outlook 2004 considers longer- term trends that pose challenges to the financial services industry, consumers and to regulators. You should also be satisfied that the contract is suitable for you in the light of your circumstances and financial position. The healthcheck aims to give you some information to help you identify your financial needs and make your financial decisions.

The fsa is moving towards a "principles- based" approach to the regulation of financial promotions. If you have not run the proper screens and something goes wrong, the fsa will want to know what checks you did. I welcome the steps announced by the fsa to make its handbook more accessible to firms.

In preparing for the review we have listened to those who represent financial services firms and those who represent consumers. The chancellor has called for more use of competition policy in european financial services markets. There are also financial advisers who do not take commission but charge a fee to their clients instead. The financial services sector has a vital role in helping the uk and the global economy respond to long- term economic change. The general increase in financial fraud.