s 11
(1) At least once a year the FCA must make a report to the Treasury on— (a) the discharge of its functions, (b) the extent to which, in its opinion, its operational objectives have been advanced, (c) the extent to which, in its opinion, it has acted compatibly with its strategic objective, (d) how, in its opinion, it has complied with the duty in section 1B(4), (e) its consideration of the matter mentioned in section 1B(5)(b), (f) its consideration of the principles in section 3B, (g) how it has complied with section 3D, (h) any direction received under section 3I or 3J during the period to which the report relates, (i) how it has complied with section 354A(1) so far as relating to co-operation with persons outside the United Kingdom, and (j) such other matters as the Treasury may from time to time direct. (2) Sub-paragraph (1) does not require the inclusion in the report of any information whose publication would in the opinion of the FCA be against the public interest. (3) The report must be accompanied by— (a) a statement of the remuneration of the appointed members of the governing body of the FCA during the period to which the report relates, and (b) such other reports or information, prepared by such persons, as the Treasury may from time to time direct. (4) The Treasury must lay before Parliament a copy of each report received by them under this paragraph.