Financial Conduct Authority: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with FRAND and LIBOR pages.) |
imported>Doug Williamson (Layout.) |
||
| Line 1: | Line 1: | ||
(FCA). | (FCA). | ||
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. | ||
Its aims include: | Its aims include: | ||
| Line 8: | Line 10: | ||
# Ensuring the industry remains stable; and | # Ensuring the industry remains stable; and | ||
# Promoting healthy competition between financial services providers. | # Promoting healthy competition between financial services providers. | ||
The Financial Conduct Authority's responsibilities were formerly undertaken by the Financial Services Authority (FSA). | The Financial Conduct Authority's responsibilities were formerly undertaken by the Financial Services Authority (FSA). | ||
Revision as of 14:55, 4 December 2015
(FCA).
One of two key regulators for the financial services industry in the UK.
Its aims include:
- Protecting consumers;
- Ensuring the 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).
