FSA comes under widespread criticism in report
The FSA comes under widespread criticism in the report saying its failures in the saga ``amount to a serious indictment'' of bosses at both the bank and the regulator.
On August 22, the FSA published a report on assessing the possible sources of systemic risk from hedge funds, setting out the findings of the March 2012 hedge fund survey and the April 2012 hedge fund as counterparty survey.