UK Financial Conduct Authority

The organization oversees financial markets and firms to ensure integrity and protect consumers.

Added by Onye Dike on February 10th, 2025

Summary

The UK Financial Conduct Authority (FCA) is a regulatory body that oversees financial markets and firms in the United Kingdom. Established in April 2013, the FCA aims to protect consumers, enhance market integrity, and promote competition within the financial services sector. It has the authority to create rules and regulations for financial firms, conduct investigations, and enforce compliance. The FCA plays a crucial role in maintaining the stability and transparency of the UK's financial system.