Financial Conduct Authority: Difference between revisions
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One of two key regulators for the financial services industry in the UK. | One of two key regulators for the financial services industry in the UK. | ||
The FCA's responsibilities include: | The FCA's responsibilities include: | ||
Revision as of 22:29, 29 October 2016
(FCA).
One of two key regulators for the financial services industry in the UK.
The FCA's responsibilities include:
- Protecting consumers;
- Ensuring the financial services industry remains stable; and
- 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).
