The FSA has published a speech given by Margaret Cole, Director of Enforcement and Financial Crime, at the British Bankers Association Conference. In her speech, Ms. Cole states that the FSA is preparing to move to a shadow structure in advance of the future regulatory landscape coming into force and that most, if not all, of the FSA's enforcement staff will be located in the Consumer Markets and Protection Agency. The speech also deals with the following issues:

  • mortgage fraud
  • money laundering
  • bribery and corruption
  • unauthorised business
  • market protection