Financial Conduct Authority: Difference between revisions
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(FCA). | (FCA). | ||
One of two key regulators for the financial services industry in the UK. | |||
Revision as of 16:41, 11 April 2013
(FCA).
One of two key regulators for the financial services industry in the UK.
Its aims include:
1. Protecting consumers;
2. Ensuring the industry remains stable; and
3. Promoting healthy competition between financial services providers.
The Financial Conduct Authority's responsibilities were formerly undertaken by the Financial Services Authority (FSA).
The former FSA's other responsibilities were substantially transferred to the Prudential Regulation Authority (PRA).
