On 11 March 2010, the FSA published a speech given by Linda Woodall, FSA Head of Savings and Investments Department, on the implications of intensive supervision for small firms. Amongst other things, in her speech, Ms Woodall advised that the FSA would be focusing on the following key areas for small firms during 2010:
- Sustainable business models.
- The quality of advice given to customers.
- Standards of management and control.
http://www.fsa.gov.uk/pages/Library/Communication/Speeches/2010/0309_lw.shtml