On 9 February 2009, the FSA published its 2009 Financial Risk Outlook (FRO). The FSA subsequently published its 2009/10 Business Plan (Business Plan) on 12 February 2009, setting out how it intends to respond to the risks identified in the FRO.

PLC Financial Services asked leading financial services practitioners to comment on the FRO and Business Plan - see Article, FSA Business Plan: bridge over troubled waters?. This article sets out their comments in full.

For detailed coverage of the FRO and Business Plan, see Practice note, FSA priorities and key messages for firms for 2009/10.