Financial Conduct Authority: Difference between revisions
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imported>Doug Williamson (Expand.) |
imported>Doug Williamson (Amend 'aims' to 'responsibilities'.) |
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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 | The FCA's responsibilities include: | ||
# Protecting consumers; | # Protecting consumers; | ||
Revision as of 20:10, 2 June 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).
