FSA Annual Report

The Regulator issued its Annual Report (the FSA’s year is to 31 March), the purpose of which is to provide details of what it has done.

At 178 pages it is something that can be read at leisure but some interesting facts (with page numbers) include: the average number of full-time equivalent employees during the year was 3,291, being an 11% increase on 2010 (page 155); 92% of staff did not receive any salary increase, although £24.8m was paid out in annual staff incentive awards (page 101); and the Regulator met 37 of its 41 milestones, with 4 being reprioritised (page 9).

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