This Guide also provides guidance on the approach we take before considering whether to exercise our formal powers under the Regulations.
makes the regulatory objectives relevant to forming policy that governs the discharge of our functions under the Regulations;
allows the FSA to make full use of its information disclosure powers;
protects the FSA against liability in damages in respect of its activities under the Regulations; and
allows the FSA to raise fees to fund its activities under the Regulations.
As such, we publish on our website details of cases that result in a change in the contract terms used by the firm. This may happen through either an undertaking by a firm or injunction obtained from the courts.
Under regulation 14 of the Regulations the FSA has a duty to pass details of these cases to the OFT.
The OFT also publishes details of cases that it, and other qualifying bodies, have dealt with in accordance with the OFT's duties under regulation 15 of the Regulations.