Financial Assistance Scheme and Financial Conduct Authority: Difference between pages

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(FAS). ''Pensions''.
(FCA).
A limited compensation scheme set up by the UK Government to support benefits payable by pension schemes winding up between January 1997 and April 2005 and unable to pay benefits in full.  
 
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 ==
== See also ==
* [[Pension Protection Fund]]
 
* [[BaFin]]
* [[CFTC]]
* [[Conduct risk]]
* [[Disclosure and Transparency Rules]]
* [[Financial Services Authority]]
* [[FRAND]]
* [[FSMA]]
* [[LIBOR]]
* [[NCA]]
* [[Prudential Regulation Authority]]
* [[SMR]]
* [[Twin Peaks]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

Revision as of 12:40, 21 February 2018

(FCA).

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


The FCA's responsibilities include:

  1. Protecting consumers;
  2. Ensuring the financial services industry remains stable; and
  3. 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