In whose interest does the FSA ACT?

This should be straight forward.  The FSA acts to protect consumers from unscrupulous, shoddy, crooked, bad practice or even simple mistakes made by those that it regulates.  

If any reader is still labouring under the illusion that this is the case the article in the FT (link below) by Ed Vaizey Conservative member of parliament for Wantage & Didcot will open their eyes.

This is not an isolated case where the FSA actions have been to protect the Banks and providers and themselves .  The LAUTRO 13 scandal, the bank Charges delays and more...

One must ask why?  The "wider implications rule"  which is what the FSA have used can, it seems be interpreed as a very useful means of protecting itself.  The claim fostered by the FSA and government and FOS that FOS is an entirely independent body is revaealed to be the illusion that it always was.

The exasperating aspect about all of this is that it is so clear and obvious in whose interests they are acting but try any sort of spin to claim the opposite displaying a contempt and arrogance for the very consumer they are charged with protecting. 

As they say in Scotland " They must think we button up the back!"