Compensating balances and Financial Services Authority: Difference between pages

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imported>Doug Williamson
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Bank balances held by a company in the form of collected balances to pay for bank services.
(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:
 
#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 ==
* [[CFTC]]
* [[Financial Conduct Authority]]
* [[Financial Services Committee]]
* [[Prudential Regulation Authority]]
* [[Trustee]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 08:47, 22 May 2019

(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:

  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