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Prospect‘s editor Bronwen Maddox and deputy editor James Elwes interviewed Financial Services Authority chairman Adair Turner in November. They discussed the financial crisis, regulation and the break-up of the FSA.

PROSPECT: Is it the right time to be breaking up the FSA, now that everyone has got used to it?

ADAIR TURNER: My belief is that the endpoint of the reform will be better than the existing FSA. I always had an inkling even before I took the job that the spread of the FSA’s responsibility from the prudential regulation of large banks through to the conduct regulation of…

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