The Financial Services Practitioner Panel is to launch the first stage of its 2004 survey of regulated firms to assess the performance of the FSA.
It said the survey, which is carried out every two years, was aimed at gathering industry views on the FSA and establishing a track record of the regulator's performance.
The panel said previous surveys had achieved a high response rate, providing strong feedback from the financial services industry.
It said previous findings had been taken on board by the FSA with considerable impact on its decision-making and general operations.
Three major issues raised by the last survey, the increasing cost of regulation, the inaccessibility of the FSA handbook, and the lack of formal guidance had all received a positive response from the FSA, and were subsequently prioritised on the FSA's agenda, said the panel.
The survey will be divided into qualitative and quantitative stages, the panel said.
The qualitative phase, comprising of interviews with senior FSA staff, panel members, and a sample of senior staff from regulated firms is slated to begin shortly, with a quantitative questionnaire sent out to 10,000 practitioner firms during the summer.
