Federal Reserve Bank and Financial Conduct Authority: Difference between pages

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''US Banking.''
(FCA).


1.  
One of two key regulators for the financial services industry in the UK.  


Strictly, one of the the twelve US Federal Reserve Banks that together with the [[Board of Governors of the Federal Reserve System]] constitute the [[Federal Reserve System]], the central banking system of the United States.


Each Federal Reserve Bank is based in a Federal Reserve District - the District being known by a number and the name of the city where the relevant Federal Reserve Bank is located.
The FCA's responsibilities include:


For example, The Federal Reserve Bank of St. Louis is in District number 8.
*Protecting consumers;
*Ensuring the financial services industry remains stable; and
*Promoting healthy competition between financial services providers.




2.  
The Financial Conduct Authority's responsibilities were formerly undertaken by the Financial Services Authority (FSA).


(Fed).  
The former FSA's other responsibilities were substantially transferred to the Prudential Regulation Authority (PRA).


More loosely, the central bank in the US.


== See also ==


== See also ==
* [[BaFin]]
* [[Board of Governors of the Federal Reserve System]]
* [[CFTC]]
* [[Central bank]]
* [[Competition & Markets Authority]]
* [[Fed funds]]
* [[Conduct]]
* [[Federal Reserve Board]]
* [[Conduct risk]]
* [[Federal Reserve System]]
* [[Deferred payment credit]]
* [[Fedwire]]
* [[Disclosure and Transparency Rules]]
* [[Foreign Exchange Committee]]
* [[Financial Services Authority]]
* [[New York Fed]]
* [[FRAND]]
* [[OBFR]]
* [[FSMA]]
* [[LIBOR]]
* [[National Competent Authority]] (NCA)
* [[Office for Professional Body Anti-Money Laundering Supervision]]
* [[Price walking]]
* [[Prudential Regulation Authority]]
* [[Regulation]]
* [[Sludge practices]]
* [[SMR]]
* [[Supervision]]
* [[Twin Peaks]]
 
 
==Other links==
[https://www.treasurers.org/fca-business-plan/ ACT commentary on the FCA 2021-22 Business Plan, 16 August 2021]
 
[https://www.fca.org.uk/ Financial Conduct Authority home page]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]

Revision as of 16:59, 25 June 2022

(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).


See also


Other links

ACT commentary on the FCA 2021-22 Business Plan, 16 August 2021

Financial Conduct Authority home page