The Largest Forex Marketplace. Sign In | Register

FCA – Financial Conduct Authority 0 5 0 0

FCA – Financial Conduct Authority

  • 1402 Views

ABOUT US

We want consumers to use financial services with confidence and have products that meet their needs, from firms and individuals they can trust.

To achieve this, we regulate firms and financial advisers so that markets and financial systems remain sound, stable and resilient. We also encourage transparent pricing that’s easy for everyone to understand.

Our aim is to help firms put the interests of their customers and the integrity of the market at the core of what they do.

Explore this section of our website to find out what we do.

WHAT WE DO

We regulate the financial services industry in the UK. Our aim is to protect consumers, ensure our industry remains stable and promote healthy competition between financial services providers.

We have rule-making, investigative and enforcement powers that we use to protect and regulate the financial services industry. We are fair and principled in our approach to regulation.

Read this section to find out how we regulate financial services providers and what we do to protect consumers.

Find out what we do to reduce financial crime and what action we take when a firm acts unethically or disregards consumer interests.

WHY WE DO IT

We want consumers to have access to financial services products that meet their needs, from firms they can trust.

We also want to promote effective competition in the financial services industry and regulate firms to make sure they’re giving consumers a fair deal.

Our overall aims are that markets and financial systems are sound, stable and resilient, with clear pricing information that consumers can easily understand.

The creation of the FCA has given us an opportunity to regulate the financial services industry more efficiently.

This section tells you more about our aims.

HOW WE ARE GOVERNED

The Board sets FCA policy, but day-to-day decisions and staff management are the responsibility of our Executive Committee.

We are accountable to the Treasury and, through them, to Parliament.

We are operationally independent of Government and funded entirely by the firms we regulate.

We are an open and transparent organisation providing information for firms, consumers and others about our objectives, plans, policies and rules.

We also ask the difficult questions, that sometimes regulators shy away from asking, of firms, ourselves and consumers.

HOW WE ARE FUNDED

We are funded entirely by the financial services firms we regulate.

To finance our work, we charge fees to authorised firms that follow our rules and guidelines.

We’re accountable to the Treasury, which is responsible for the UK’s financial system, and Parliament. However we’re an independent body and do not receive any Government funding.

As a regulator, it’s essential that we operate in a transparent way; sharing information about the way we work, our objectives, plans, policies and rules with everyone who wants to know.

FIRM TYPES

We work with financial services firms to ensure they put consumers first and give them a fair deal.

The types of firms we regulate include banks, building societies, insurers, independent financial advisers, mutual societies and investment managers and stockbrokers.

Find out how we can help your firm provide financial services and products that meet your clients’ needs and contribute to a healthy financial services sector.

Contact Details

  • In business since 2013
  • Location Area: United Kingdom
  • Address: 25 The North Colonnade, Canary Wharf, London E14 5HS
  • Phone: +44 20 7066 1000
  • Email: Send email to advertiser
  • 11 + 3? 

  • Website: visit website

Send To A Friend

Get Directions