Financial Conduct Authority (FCA)
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Financial Conduct Authority (FCA)

Intuition Publishing
Updated Sep 25, 2020

Financial scandals in the UK such as those involving payment protection insurance or Libor remind us of the need for a code of conduct supervisor for every firm in the UK. The Financial Conduct Authority (FCA) has been given this role along the responsibility of maintaining the financial services register. It also works alongside the Prudential Regulatory Authority (PRA) in the microprudential regulation of financial firms in the UK. Here we explore the objectives and responsibilities of the FCA.