In U.K., the Financial Services Authority(FSA) became the single regulator for financial services in Dec. 2001, and the Financial Servies and Markets Act2000(FSMA), the integrated financial regulatory regime, was fully implemented at the regulation, and various regulatory tools. Attaching great importance to the principle of efficiency among principles of good regulation, the FSA is now making efforts closely to relate those objectives, principles, and tools as end-means. The new regulatory framework which the FSA intends to implement is to prioritize its efforts and focus on the most significant risks to the regulatory objectives, and to shifting resources over time from activities directed towards individual institutions to activities directed towards consumers or the industry in general. On the other hand, our financial regulatory laws have not seen such a regulatory framework. It should be accepted that allotting resources for financial regulation in an efficient way is more and more demanding. The English new regulatory system may be a good lesson to follow.