The Financial Services Authority (FSA) has published its annual report for 2011/12. The Annual Report reviews the FSA's performance during 2011/12 against five key objectives: (1.) Executing the Government’s regulatory reform programme; (2.) Executing a credible deterrence and enforcement approach throughout 2011/12; (3.) Delivering the FSA’s financial stability objective; (4.) Delivering efficient, clean, orderly and fair markets that remain attractive and sustainable; (5.) Continued progress in developing a new consumer protection strategy.