Competent Authority

1.

European Economic Area (EEA) and Financial Conduct Authority.

A body empowered by law or regulation to supervise regulated firms.

2.

More generally, any duly empowered body exercising proper authority in a market or other area of jurisdiction.

See also

• Bank supervision
• CFTC
• Central counterparty
• EMIR
• European Economic Area
• Financial Conduct Authority
• Financial Services Authority
• MLRO
• National Crime Agency
• Non-current assets
• Prudential Regulation Authority