Financial Conduct Authority: Difference between revisions
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# Protecting consumers; | # Protecting consumers; | ||
# Ensuring the industry remains stable; and | # Ensuring the financial services industry remains stable; and | ||
# Promoting healthy competition between financial services providers. | # Promoting healthy competition between financial services providers. | ||
Revision as of 20:09, 2 June 2016
(FCA).
One of two key regulators for the financial services industry in the UK.
The FCA's aims 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).
