Bob Ferguson has spoken on how FSA gathers, analyses and uses intelligence. He spoke about what FSA means by intelligence and how to put information into an overall picture. He looked at the role of intelligence in helping with authorisation applications and ongoing supervision and how FSA works with other enforcement agencies. He then turned to firms’ due diligence and FSA’s recent report on anti-money laundering controls in banks. He gave examples of where fundamental intelligence had not been gathered and stressed what industry can do to get the right information. (Source: Bob Ferguson Speech on Intelligence)