The UK Financial Services Authority (FSA) has published a paper that sets out how the country's new financial conduct regulator will function, which includes a new product governance and intervention framework. Speaking at a Thomson Reuters newsmaker event in London to mark the launch of Journey to the FCA, the FSA MD and chief executive officer designate of the Financial Conduct Authority (FCA) Martin Wheatley (pictured), outlined the changes in approach that will be taken by the new industry