Exhibition Stands > News

FSA members speak at mortgage exhibition

13 May 2009

Members of the Financial Services Authority (FSA) have made a number of key speeches amid the exhibition stands at the regulatory body''s mortgage conference and exhibition in recent days.

Among them was Jon Pain, managing director of retail markets at the organisation.

He said that in the future, the body needs to ensure that it gets the right balance in terms of what it is good at - which he identified as innovation and flexibility - and ensure the market is not drawn into a perpetual "boom and bust" cycle.

Lord Turner, the chairman of the FSA who issued the Turner Review earlier this year, added that careful thought is needed to the merits of alternative policy instruments, especially the choice between sales, firm-level and product-specific regulation.

"Getting it right is very important given the huge importance of the mortgage and housing markets, to individual households, to banks, building societies and other credits intermediaries and to the macro economy," he said.

Proposals for changes to mortgage regulation are due to be published in an FSA paper later this year.

Clip''s range of exhibition stand solutions can meet any budget or stand space. Email us today and take advantage of our FREE stand design service.