Financial Conduct Authority: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Added UK before Financial Services Authority & Added reference to CFTC) |
imported>Doug Williamson (Add reference within body of page to PRA.) |
||
| Line 13: | Line 13: | ||
The Financial Conduct Authority's responsibilities were formerly undertaken by the | 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). | |||
== See also == | == See also == | ||
Revision as of 16:39, 11 April 2013
(FCA).
The regulator 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).
