FCA: Difference between revisions

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The Financial Services Authority (FSA) is responsible for the regulation of the financial services industry in the United Kingdom. Its board is appointed by the Treasury, although it operates independently of government. It is structured as a company limited by guarantee and is funded entirely by fees charged to the financial services industry.
The [[Financial Conduct Authority]] (FCA) is responsible for the regulation of the financial services industry in the United Kingdom. Its board is appointed by the Treasury, although it operates independently of government.  


On 19 December 2012, the Financial Services Act, 2012 received royal assent abolishing the FSA with effect on 1 April 2013. Its responsibilities will be split between the [[Prudential Regulatory Authority]] and the [[Financial Conduct Authority]].
On 19 December 2012, the Financial Services Act, 2012 received royal assent abolishing the FSA with effect on 1 April 2013. Its responsibilities will be split between the [[Prudential Regulatory Authority]] and the [[Financial Conduct Authority]].
http://www.fca.org.uk/
===See also===
[[CASS Anatomy]]
[[BIPRU Anatomy]]

Revision as of 13:54, 29 April 2013

The Financial Conduct Authority (FCA) is responsible for the regulation of the financial services industry in the United Kingdom. Its board is appointed by the Treasury, although it operates independently of government.

On 19 December 2012, the Financial Services Act, 2012 received royal assent abolishing the FSA with effect on 1 April 2013. Its responsibilities will be split between the Prudential Regulatory Authority and the Financial Conduct Authority.

http://www.fca.org.uk/

See also

CASS Anatomy BIPRU Anatomy