FRANDT and Financial Services Authority: Difference between pages

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''Financial services - regulation - UK.''
(FSA).


FRANDT is an acronym for Fair Reasonable And Non-Discriminatory Transparent commercial terms.
The former UK body which, among its other duties, was the regulatory authority in the UK for most financial services markets, exchanges and firms.




:<span style="color:#4B0082">'''''FRANDT requirements will be binding for UK'''''</span>
The former FSA's responsibilities were divided and transferred to:


:"The Treasury have confirmed that the UK will create legislation to bring into UK law requirements under UK EMIR, including requirements for firms who offer clearing services to do so on fair, reasonable and non-discriminatory, transparent commercial terms (FRANDT requirements)."
#The Financial Conduct Authority; and
#The Prudential Regulation Authority.


:''Financial Conduct Authority - 2021''
 
Some of the FSA's functions were comparable with the CFTC in the United States.




== See also ==
== See also ==
* [[Clearing]]
* [[FEMR]]
* [[Financial Conduct Authority]]
* [[Financial Conduct Authority]]
* [[FRAND]]
* [[Prudential Regulation Authority]]
* [[Law]]
* [[Trustees]]
* [[Legislation]]
* [[CFTC]]
* [[Regulation]]
* [[SONIA]]
* [[Transparent]]
* [[Treasury]]
* [[UK EMIR]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 15:33, 20 January 2016

(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.


The former FSA's responsibilities were divided and transferred to:

  1. The Financial Conduct Authority; and
  2. The Prudential Regulation Authority.


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


See also