In March 2009 the former head of the Financial Services Authority, Hector Sants, said: “People should be frightened of the FSA.” I am a former Metropolitan Police detective and later a bank compliance officer. Ultimately, I blew the whistle against Wachovia in connection with allegations of laundering the proceeds of Mexican drug trafficking, for which the US bank paid a penalty of $160m. I am frightened but probably not in the way Mr Sants intended. I fear that the approach that encouraged the financial crisis has still not been replaced. This will have a damaging impact upon the UK economy.
英國金融服務管理局(Financial Services Authority，簡稱FSA)前任執行長赫克託•桑特(Hector Sants)曾於2009年3月表示：「人們應當畏懼FSA。」我曾是倫敦警察廳(Metropolitan Police)的一名偵探，之後還曾擔任一家銀行的合規專員。我舉報了美聯銀行(Wachovia)，指控其涉嫌參與爲墨西哥販毒集團提供洗錢服務，該行最後支付了1.6億美元罰款。目前我確實感到恐懼，但這或許和桑特所說的「畏懼」性質不同。我擔心的是，這種在金融危機形成中起過推波助瀾作用的銀行監管模式到目前爲止仍無改變。未來這將對英國經濟造成破壞性影響。