Financial Conduct Authority

E42902

The Financial Conduct Authority is the United Kingdom’s main financial regulator responsible for overseeing financial markets, firms, and consumer protection.


Statements (47)
Predicate Object
instanceOf financial regulatory authority
government agency
abbreviation FCA
cooperatesWith Bank of England
Prudential Regulation Authority
international financial regulators
country United Kingdom
dateFormed 2013
focusesOn competition in financial services
consumer protection
market integrity
formedBy Financial Services Act 2012
fundingModel levies on regulated firms
hasPower to bring criminal prosecutions for certain offences
to grant authorisation to financial firms
to impose financial penalties
to make rules for authorised firms
to require redress for consumers
to withdraw authorisation from firms
headquartersCountry United Kingdom
headquartersLocation London
issues conduct of business sourcebook (COBS)
handbook of rules and guidance
jurisdiction United Kingdom
legalBasis Financial Services and Markets Act 2000 (as amended)
objective to promote effective competition in the interests of consumers
to protect and enhance the integrity of the UK financial system
to protect consumers
oversees UK listing rules
conduct of business rules for financial firms
market abuse regime in the UK
parentOrganization HM Treasury (policy oversight)
partOf UK system of financial regulation
predecessor Financial Services Authority
regulates asset managers
consumer credit firms
electronic money institutions
financial advisers
financial markets in the United Kingdom
financial services firms in the United Kingdom
insurance intermediaries
investment firms
payment service providers
retail banks
supervises conduct of retail financial markets
conduct of wholesale financial markets
website https://www.fca.org.uk


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