Financial Reporting Council and Financial Services Authority: Difference between pages

Latest revision as of 22:41, 11 March 2023

(FSA).

The former UK body which, among its other duties, was the regulatory authority in the UK for most financial services markets, exchanges and firms.

In 2013, the former FSA's responsibilities were divided and transferred to:

Some of the FSA's functions were comparable with the CFTC in the United States.

@@ Line 1: / Line 1: @@
-(FRC).
+(FSA).
-The regulatory body in the UK that sets, monitors and enforces accounting, auditing and actuarial standards.
+The former UK body which, among its other duties, was the regulatory authority in the UK for most financial services markets, exchanges and firms.
-Its functions also include overseeing the regulatory activities of the professional accountancy bodies regulating audit, and promoting high standards of corporate governance.
+In 2013, the former FSA's responsibilities were divided and transferred to:
+#The Financial Conduct Authority; and
+#The Prudential Regulation Authority.
+Some of the FSA's functions were comparable with the CFTC in the United States.
 == See also ==
-* [[Accounting standards]]
+* [[CFTC]]
-* [[Accounting Council]]
+* [[Financial]]
-* [[Auditing Practices Board]]
+* [[Financial Conduct Authority]]
-* [[Actuarial Council]]
+* [[Financial Services Committee]]
-* [[Financial Reporting Review Panel]]
+* [[Prudential Regulation Authority]]
-* [[Professional Oversight Board]]
+* [[Trustee]]
-* [[UK Corporate Governance Code]]
-* [[UK Stewardship Code]]
-* [[Conduct Committee]]
 [[Category:Accounting,_tax_and_regulation]]