We head across the pond today, where the U.K. financial regulator has published its annual Financial Risk Outlook. Amid the continuing slowdown in the economy, the FSAÃ¢â‚¬â„¢s 2008 report focuses on the risks arising from the events of the second half of 2007 and specifically warns firms and consumers of the risks that could impact them in a less benign economy. Among the risks identified as priority, the FSA notes that tighter economic conditions could increase the incidence or discovery of some types of financial crime or lead to firmsÃ¢â‚¬â„¢ resources being diverted away from tackling financial crime. An interesting point, given last weekÃ¢â‚¬â„¢sÃ‚ revelation concerning a rogue trader who defrauded French bank SociÃƒ ©tÃƒ © GÃƒ ©nÃƒ ©rale of $7.2 billion. Check outÃ‚ further I.I.I. info on financialÃ‚ and marketÃ‚ conditions for insurers.