Recent cases have highlighted the potential advantages for regulated businesses (firms) in adopting a co-operative approach when dealing with regulators and, in particular, the Financial Services Authority (FSA). In this regard, firms frequently retain independent lawyers and/or professional services firms to investigate worrisome conduct and to produce a report in anticipation of regulatory action. According to the FSA, not only will such an approach "save time and resources for both parties" but a willingness on the part of a firm to volunteer the results of its own investigation to the FSA is something the FSA may take into account when deciding what, if any, action to take.