Background
- The FSA's fourth Annual Meeting was held at Canary Wharf in London 2003. Representatives of the financial services firms and consumer organisations plus members of the public attended. The meeting was held under the requirement of the Financial Services and Markets Act for the FSA to hold a full public meeting to consider its Annual Report. The FSA's Annual Report 2002/2003 was published last month.
- The FSA regulates the financial services industry and has four objectives under the Financial Services and Markets Act 2000; maintaining market confidence; promoting public understanding of the financial system; securing the appropriate degree of protection of consumers; and fighting financial crime.
- The FSA aims to maintain efficient, orderly and clean financial markets and help retail consumers achieve a fair deal.